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Energy Stocks

Ovintiv Inc. $81 recently completed its acquisition of the 90.4% of NuVista Energy Ltd. (Toronto symbol NVA) that it did not already own, spending $2.49 billion in cash and stock (all amounts except share price and market cap in U.S. dollars). NuVista operates oil and gas properties in the Alberta portion of the Montney Basin.

1 min read

Pat McKeough

Growth Stocks

We still like their long-term prospects

The shares of FirstService have dropped recently, largely due to concerns that rising gasoline and other costs will prompt consumers to cut spending on real estate projects. Colliers has also dropped, partly due to fears that artificial intelligence tools will hurt demand for its real estate brokerage services. We feel both will overcome these challenges and move higher in the next few months.

2 min read

Pat McKeough

Value Stocks

Rising costs cloud this spinoff’s outlook

So far, Maple Leaf Foods’ spinoff of its pork processing business as Canada Packers has pushed both stocks higher. Despite that gain, tariffs and rising costs for fuel and animal feed could slow the new firm’s earnings growth.

CANADA PACKERS INC. $19 is a hold. The company (Toronto symbol CPKR; Consumer sector; Shares outstanding: 29.8 million; Market cap: $566.2 million; Price-to-sales ratio: 0.3; Dividend yield: 4.8%; TSINetwork Rating: Average; www.canadapackers.com) took its current form on October 1, 2025, when Maple Leaf Foods Inc. (Toronto symbol MFI) spun off its fresh pork operations.

2 min read

Pat McKeough

Value Stocks

Bad weather cuts Leon’s sales

LEON’S FURNITURE LTD. $24, through its network of 299 stores, is reporting sales of $557.2 million for the three months ended March 31, 2026. That’s down 3.8% from $579.5 million a year earlier. Same-store sales also fell, dropping 4.2% as poor weather cut traffic to its outlets, which operate under the Leon’s and The Brick banners.

Excluding one-time items, earnings declined 16.6% to $20.1 million from $24.1 million. Per-share earnings fell 17.1% to $0.29 from $0.35, on more shares outstanding.

1 min read

Pat McKeough

Mining Stocks

Big jump for Teck ahead of merger

TECK RESOURCES LTD. $84 has gained over 25% since the start of 2026. That’s largely due to rising prices for copper, particularly as new artificial intelligence datacentres need large amounts of the metal for electrical power and cooling equipment.

Investors will also benefit from Teck’s upcoming all-stock merger with Anglo American PLC (Over-the-counter symbol AAUKF). Teck shareholders will own 37.6% of the combined company (called Anglo Teck), with Anglo investors holding the remaining 62.4%.

1 min read

Pat McKeough

Dividend Stocks

AI power demand will spur these three

All three of these utility stocks are hitting new highs and for several reasons. Lower interest rates, which has increased investor interest in high-yielding dividend payers, is a leading one.

These three picks also stand to profit from the Canadian government’s plan to modernize the electricity grid to handle rising power demand from datacentres needed to run artificial intelligence.

6 min read

Pat McKeough

Value Stocks

Pension business boosts GWO

GREAT-WEST LIFECO INC. $82 is up over 60% in the past year, thanks to strong demand for its workplace pension programs, especially in the U.S. Rising stock market values are also lifting earnings at its wealth management businesses.

In the three months ended March 31, 2026, Great-West’s revenue fell 25.6%, to $ 8.18 billion from $10.99 billion a year earlier. That’s mainly because the current quarter included a loss on its investment portfolio of $2.07 billion compared to a gain of $1.26 billion a year ago.

1 min read

Pat McKeough

Blue Chip Stocks

This big bank can move even higher

Royal Bank continues to reach new highs and is up more than 50% in the past year.

That translates into strong and rising returns for our subscribers. RBC’s 2024 acquisition of the banking operations of HSBC Canada continues to generate meaningful benefits as Royal expands wealth management, investment, and other financial services to former HSBC clients. This should drive higher fee-based revenue and reduce the bank’s reliance on traditional lending income.

4 min read

Pat McKeough

ETFs

Here’s our Exchange-Traded Funds Portfolio for July 2026

You Can See Our Exchange-Traded Funds Portfolio For July 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.

1 min read

Pat McKeough

ETFs

Don’t overlook risks with Preferred shares

Preferred shares are hybrid securities that combine the characteristics of both stocks and bonds. They represent equity ownership in a company—but also pay fixed or variable dividends.

Preferred shares are issued by corporations to raise capital and are typically sold to investors through a public offering in a similar manner to common shares.

Preferred shares offer a tax advantage over fixed-income investments, as Canadian taxpayers are eligible for the Canadian dividend tax credit.

Holders of preferreds are also prioritized over common shareholders for payouts and asset liquidation.

3 min read

Pat McKeough

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Cannabis

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.