Topics

You Can See Our Conservative Growth Portfolio For April 2025 Here.


We designed our Portfolios to help you build the kind of portfolio we advocate....
FINNING INTERNATIONAL INC. $40 (www.finning.com) is a buy. It sells and services Caterpillar-brand heavy equipment in Western Canada but also South America, the U.K. and Ireland. Its main customers are in the oil and gas, mining, forestry-products and construction industries....
The U.S. government has threatened to impose a 10% tariff on potash fertilizer imports from Canada, which now supplies 85% of its needs. U.S. potash reserves are also much smaller, so a prolonged tariff fight seems unlikely. Even if the tariffs remain in place and U.S....
CANADIAN TIRE CORP. (class A non-voting) is a buy. The retailer (Toronto symbols CTC [voting] $223 and CTC.A [non-voting] $147; Conservative Growth Portfolio, Consumer sector; Shares o/s: 55.6 million; Market cap: $8.2 billion; Price-to-sales ratio: 0.8; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.canadiantire.ca) will spend $2 billion over the next four years on a new growth plan called True North, which includes new stores, better integration of its various chains and the closure of less-profitable outlets....
SAPUTO INC. $25 is still a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 422.6 million; Market cap: $10.6 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products....
MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $92 and TPX.B $89; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.7 million; Market cap: $19.2 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) makes most of its products in their local markets....

Retaliatory tariffs by Canada would push up the prices of U.S.-made products. However, they would likely have little impact on these two supermarket operators, as consumers would probably switch to Canadian-made products, including their popular private-label brands.


LOBLAW COMPANIES LTD....

Shopping mall operator RioCan REIT cut its monthly distribution by 33.3% in February 2021 as retailers shut down due to the COVID-19 pandemic. As the restrictions eased, the trust has resumed annual distribution increases. Investors should also benefit from RioCan’s high-quality tenants and rising cash flow.


RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 300.5 million; Market cap: $5.7 billion; Price-to-sales ratio: 4.5; Distribution yield: 6.1%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 178 shopping centres and mixed-use properties with a net leasable area of 32.2 million square feet....
RESTAURANT BRANDS INTERNATIONAL INC. $96 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares o/s: 452.0 million; Market cap: $43.4 billion; Price-to-sales ratio: 3.7; Dividend yield: 3.7%; TSINetwork Rating: Average; www.rbi.com) has 31,525 fast-food outlets in over 100 countries....
TC ENERGY CORP. $67 is a buy. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.04 billion; Market cap: $69.7 billion; Price-to-sales ratio: 2.5; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.tcenergy.com) spun off its oil pipeline business as a separate company called South Bow Corp....