We prefer food sellers over food producers

Under pressure from the federal government, Canada’s leading grocery chains have agreed to a series of measures to lower prices for consumers. Those include discounts, price-matching campaigns, and price freezes. The government is also looking at ways to get food producers to lower their prices.
We… Read More

Petro-Canada – former Toronto symbol PCA

Petro-Canada – former Toronto symbol PCA

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More

IGM Financial Inc. yields 6.1%

IGM Financial Inc. yields 6.1%

As a seller of mutual funds and wealth management services, this firm’s fee income rises and falls with the value of the securities it manages.

Due to the drop in stock values, the shares are down 19% since the start of 2022. However, the current… Read More