ISHARES S&P/TSX REIT INDEX ETF, $15.21, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.60%, and the fund gives you a 5.1% yield.

CHOICE PROPERTIES REIT, $14.67, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 723.8 million; Market cap: $10.6 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; www.choicereit.ca) owns 702 retail, industrial, office space and residential properties with 68.1 million square feet of gross leasable area. Its occupancy rate is a high 98.0%. George Weston Ltd. (Toronto symbol WN) owns 61.7% of the trust.

Vanguard is one of the world’s largest investment management companies. In all, it administers over $10 trillion U.S., spread across 441 mutual funds and ETFs. Here are two of its ETFs that we see as buys for you right now.




VANGUARD GROWTH ETF, $491.81, is a buy. The fund (New York symbol VUG; buy or sell through brokers) lets investors track the Center for Research in Security Prices U.S. Large Cap Growth Index. That broadly diversified index focuses on big U.S. firms.

INVESCO SOLAR ETF, $47.38, is a buy for aggressive investors. The ETF (New York symbol TAN; buy or sell through brokers) tracks solar-related companies (including technology firms and utilities) listed on global exchanges.




Its top holdings are Nextpower (U.S. solar trackers), 11.8%; First Solar (China; solar panels), 11.7%; Sunrun (U.S.; panels), 6.5%; Enlight Renewable Energy (Israel; solar plants), 5.0; GCL Technology (China; polysilicon), 4.9%; ;and Enphase Energy (U.S.; home solar systems), 4.9%. The ETF’s MER is a relatively high 0.71%.

OVINTIV INC., $59.06, is a #1 Buy for 2025. The company (Toronto symbol OVV; Shares outstanding: 253.3 million; Market cap: $15.0 billion; TSINetwork Rating: Average; Dividend yield: 2.9%) has agreed to acquire NuVista Energy Ltd. (Toronto symbol NVA). That firm produces roughly 100,00 barrels a day (75% natural gas, 25% oil and liquids), mainly from its properties in the Alberta portion of the Montney Basin.

Telus dropped recently on concerns about its competitive markets and fears of a dividend cut. But the company has just announced it will maintain its current payout—and will just pause increases for now.


TELUS, $18.55, is a buy. The company (Toronto symbol T; Shares o/s: 1.6 billion; Market cap: $28.7 billion; TSINetwork Rating: Above Average; Dividend yield: 9.0%; www.telus.com) is Canada’s largest wireless carrier with 14.43 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

You Can See Our Exchange-Traded Funds Portfolio For January 2026 Here.


ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings of that index or sub-index and will allow the fund to “track” its performance.



The MER (Management Expense Ratio) is generally much lower on traditional ETFs than on conventional mutual funds. That’s because most traditional ETFs take a much simpler approach to investing. Instead of actively managing clients’ investments, ETF providers invest so as to mirror the holdings and performance of a particular stock-market index.



ETFs practice this “passive” fund management style, in contrast to the “active” management that conventional mutual funds traditionally provide at much higher costs.

New developments in the field of medical technology, including the use of artificial intelligence (AI), are contributing to the efficient supply of medical products and services to meet growing demand.


In this Supplement, we summarize some of the main developments in the field of AI and its usefulness for the healthcare sector.

ETF managers use different methods to construct their portfolios—and this can lead to different performance outcomes, even if they target the same universe of stocks. ETF managers who construct their portfolios by passively replicating target indexes will mostly use a market capitalization-weighted index. But there are also alternatives available, such as equal-weighted indexes.


Market-cap weighted indexes



The most popular method to construct passively managed ETFs is to aim to replicate a market capitalization-weighted index, such as the S&P 500 or the S&P/TSX 60. In the case of the S&P 500, the 500 largest U.S. companies by market value are included in the index. Individual stocks are weighted based on their market value.

his month, we highlight two new actively managed global equity funds—one from Manulife and one from smaller Canadian fund manager Rocklinc Investment Partners.