OMAI GOLD MINES CORP., $0.16, symbol OMG on TSX Venture, owns 100% of the past producing Omai gold mine in Guyana. The company currently does not generate revenue from the mine.

The history of the Omai gold mine dates back to March 1993. That’s when Cambior Inc....

ROYAL BANK OF CANADA, $164.08, Toronto symbol RY, is a buy.

With the August 2024, payment, Royal raised your quarterly dividend by 2.9%. Investors now receive $1.42 a share instead of $1.38. The new annual rate of $5.68 yields 3.5%. The bank also announced a new plan to buy back about 2% of its outstanding common shares over the next year.

On March 28, 2024, Royal completed its purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....

VERIZON COMMUNICATIONS INC., $41.15, New York symbol VZ, is a buy.

The telecom provider is the second-largest wireless carrier in the U.S. after AT&T, with 114.2 million consumer cellphone subscribers. It also sells traditional telephone lines, high-speed Internet and TV services.

This week, the company agreed to acquire Frontier Communications Parent Inc....

NORTH WEST COMPANY, $50.70, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 227 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions of Hawaii, the wider South Pacific and the Caribbean.

North West’s food offerings consist of perishable and non-perishable products including groceries, dairy, produce, meat, convenience foods, food service, home meal replacement, health and beauty aids, paper products and cleaning supplies....

COLLIERS INTERNATIONAL GROUP INC., $189.43, Toronto symbol CIGI, is a buy for aggressive investors.

This company offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.

Colliers tends to use acquisitions to enhance its market share and spur its long-term growth....

ALGONQUIN POWER & UTILITIES, $7.19, is a buy. The utility (Toronto symbol AQN; Shares o/s: 689.7 million; Market cap: $5.5 billion; TSINetwork Rating: Extra Risk; Yield: 5.3%; www.algonquinpower.com) has agreed to sell most of its non-regulated renewable power assets for $2.28 billion....

We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries....

IBM, $204.11, is still a buy. The company (New York symbol IBM; Shares outstanding: 921.1 million; Market cap: $188.0 billion; TSINetwork Rating: Above Average; Divd. yield: 3.3%) is shutting down its China research and development department and moving those functions to other overseas facilities....

NEWMONT CORP., $51.36, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 1.1 billion; Market cap: $59.2 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.newmont.com) reports that in the quarter ended June 30, 2024, it produced a total of 1.61 million ounces of gold, up 29.8% from 1.24 million ounces a year earlier....

Bank of Nova Scotia and insurer Great-West are leading competitors in their respective markets; look for that to cut your ongoing risk. Still, for now, we see Great-West as a hold, while Bank of Nova Scotia remains a buy.


BANK OF NOVA SCOTIA, $68.69, is a buy. The lender (Toronto symbol BNS; Shares o/s: 1.2 billion; Market cap: $84.5 billion; TSINetwork Rating: Above Average; Yield: 6.2%; www.scotiabank.com) is Canada’s third-largest bank.


Due to the current economic uncertainty as a result of relatively high interest rates and inflation, particularly in Latin America, Scotiabank set aside $1.05 billion in its fiscal 2024 third quarter, ended July 31, 2024, to cover future loan losses....