Our updates keep you on top of your stocks: Bank of Nova Scotia, Enbridge Inc. and Ovintiv Inc.

Article Excerpt

BANK OF NOVA SCOTIA $56.18, is a buy. The company (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $68.1 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.scotiabank.com) has agreed to sell its operations in Belize. That business operates nine bank branches, along with ATMs, in the Central American nation. It also offers online banking services. The buyer will pay $30.5 million U.S. However, that price could increase to $35.0 million U.S. depending on certain conditions. The sale is part of Bank of Nova Scotia’s long-term restructuring plan for its international operations. It will now focus on four key Latin American markets—Peru, Chile, Mexico and Colombia. All have favourable demographics, with a large percentage of their population under 30 years old and a growing middle class. Their economies are also expanding, which should further spur demand for loans. Bank of Nova Scotia is a buy. ENBRIDGE INC. $41.28, is a buy. The company (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $83.6 billion; TSINetwork Rating: Above Average;…

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