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NEWMONT CORP., $41.41, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $47.3 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.newmont.com) continues to make progress with its plan to sell six of its less-important mines....
IMPERIAL OIL, $100.29, is a #1 Buy for 2024. The company (Toronto symbol IMO; Shares o/s: 523.4 million; Market cap: $53.6 billion; TSINetwork Rating: Average; Yield: 2.4%; www.imperialoil.ca) gets about 99% of its production from oil sands operations in Alberta....
POWER CORP., $47.27, is a buy. The conglomerate (Toronto symbol POW; Shares outstanding: 590.9 million; Market cap: $30.2 billion; Rating: Above Average; Dividend yield: 4.8%) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds)....

Metro Inc. and insurer CPKC are leading competitors in their respective markets; look for that to cut your ongoing risk. We see both as attractive buys.


METRO INC., $92.78, is a buy. The company (Toronto symbol MRU; Shares o/s: 222.2 million; Market cap: $20.5 billion; TSINetwork Rating: Average; Dividend yield: 1.4%; www.metro.ca) operates 992 grocery stores and 640 drugstores, in Quebec, Ontario and New Brunswick.


In the quarter, ended September 28, 2024, overall sales fell 2.6%, to $4.94 billion from $5.07 billion a year earlier....
TELUS, $22.07, is a buy. The company (Toronto symbol T; Shares outstanding: 1.5 billion; Market cap: $33.1 billion; TSINetwork Rating: Above Average; Dividend yield: 6.8%; www.telus.com) has 13.61 million wireless subscribers across Canada....
With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important is their mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provides stable cash flows. It also lets these utility firms continue to spur growth by building their operations.


BROOKFIELD RENEWABLE PARTNERS L.P., $35.35, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 660.2 million; Market cap: $23.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.6%; www.bep.brookfield.com) owns 239 hydroelectric generating stations, 230 wind farms, 226 solar facilities, and 7,211 distributed generation and energy storage sites.


In the quarter ended September 30, 2024, newly commissioned and acquired solar facilities lifted Brookfield’s revenue by 24.7%, to $1.47 billion from $1.18 billion a year earlier (all amounts except unit price and market cap in U.S....
OVINTIV INC., $59.96, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 260.3 million; Market cap: $16.2 billion; TSINetwork Rating: Average; Dividend yield: 2.7%) operates four core oil and gas properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah).


Ovintiv recently agreed to acquire certain assets in the Montney region from Paramount Resources Ltd....
The shares of oil and gas stocks remain high as energy demand stays strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....
PRIMARIS REIT, $16.28, is a buy. The trust (Toronto symbol PMZ.UN; Units outstanding: 100.2 million; Market cap: $1.6 billion; TSINetwork Rating: Average; Yield: 5.2%; www.primarisreit.com) owns 38 enclosed and open air shopping malls in Canada, totalling 13.4 million square feet....

The last couple of years, higher interest rates increased the appeal of bonds and hurt that of REITs. Still, with rates now falling, Choice Properties and RioCan remain excellent ways for investors to earn high, steady income. We see both as buys.


CHOICE PROPERTIES REIT, $13.94, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $10.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.2 million square feet of gross leasable area....