Topics

BCE INC., $34.08, is ready to tap rising demand for data transmission with the launch of a new high-speed link by its Ziply Fiber business.

The “Northern Link Route” is a 400 Gig, low-latency, high-capacity long-haul transport route spanning 2,100 miles from the Pacific Northwest to Chicago in the Midwest.

1 min read

Pat McKeough

Dividend Stocks

Updating two of our power generators

ALGONQUIN POWER & UTILITIES, $8.10, is a buy. The utility (Toronto symbol AQN; Shares outstanding: 769.7 million; Market cap: $6.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.algonquinpower.com) completed the sale of its 42.2% ownership stake in Atlantica Sustainable Infrastructure plc in December 2024 for $1.08 billion (all figures except share price and market cap in U.S. dollars). Algonquin also sold its non-regulated renewable energy business to LS Power in January 2025 for up to $2.5 billion.

Today, Algonquin focuses entirely on its regulated utilities, which supply electricity, gas, water distribution and wastewater collection services to 32 million customers in Canada, the U.S., Chile and Bermuda.

2 min read

Pat McKeough

Dividend Stocks

Telus targets quantum tech

TELUS, $17.10, has formed an alliance with Xanadu Quantum Technologies Inc.—now developing quantum computing hardware, which uses electrons, rather than transistors, to carry out a vast number of calculations simultaneously. That makes them much faster than regular computers.

The partners plan to collaborate on advancing sovereign quantum computing infrastructure in Canada, and on exploring the development of a quantum datacentre. The collaboration brings together Xanadu’s work in photonic quantum computing with Telus’ experience in AI, datacentre operations, and its nationwide PureFibre network.

1 min read

Pat McKeough

Dividend Stocks

A Sample Portfolio for income investors

We continue to feel that most Canadian investors benefit from having the bulk of their portfolios in more conservative stocks, drawn from across all five sectors. Still, income-focused investors may want to emphasize utilities and banks for their high and generally secure dividends. Furthermore, they may want to decrease their portfolio weightings in volatile resources or manufacturing stocks.

1 min read

Pat McKeough

Dividend Stocks

RioCan sells The Well

RIOCAN REAL ESTATE INVESTMENT TRUST, $21.95, is now selling its remaining residential properties, which will leave it to focus on its high-quality retail properties.

Under that plan, it is selling its 50% stake in a residential tower that’s part of The Well, a mixed-use complex in downtown Toronto. It’s also selling two 100%-owned properties in Montreal. The trust has not yet said how much it will receive from these transactions.

1 min read

Pat McKeough

Dividend Stocks

These two top banks keeps prospering

Bank of Nova Scotia and TD Bank are leading competitors in their markets; you should look for that to cut your ongoing risk. We see both as buys.

BANK OF NOVA SCOTIA, $111.40, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $136.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www.scotiabank.com) continues to benefit from its shifting focus away from Latin America to its main North American operations.

2 min read

Pat McKeough

ETFs

Copper spurred by AI

GLOBAL X COPPER MINERS ETF, $90.25, is a buy. The ETF (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) lets you track the Solactive Global Copper Miners Index, with 41 global mining and exploration firms. The fund launched in April 2010.

Canadian firms make up 39.8% of the ETF’s holdings. The fund’s other holdings include companies based in Australia (9.7%), the U.S. (9.3%), China (8.4%), Japan (6.3%), the U.K. (5.1%), Poland (5.0%) and Sweden (4.9%). Investors face an acceptable 0.65% MER.

1 min read

Pat McKeough

Energy Stocks

Tap into high energy prices with these two

The shares of oil and gas stocks remain high as energy demand stays strong and prices remain high in the wake of the Mideast conflict. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. Here are two buys.

IMPERIAL OIL LTD., $175.68, is a buy. The company (Toronto symbol IMO; Shares o/s: 483.6 million; Market cap: $85.0 billion; TSINetwork Rating: Average; Yield: 2.0%; imperialoil.ca) produced an average of 419,000 barrels of oil equivalent (99% oil, 1% natural gas) per day for the three months ended March 31, 2026. That’s up 0.2% from 418,000 a year earlier. Still, due to outages, its refineries processed 384,000 barrels a day—down 3.3%.

2 min read

Pat McKeough

ETFs

Hold off on solar

INVESCO SOLAR ETF, $70.29, is a hold. 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 First Solar (China; solar panels), 12.0%; Nextpower (U.S. solar trackers), 9.4%; Enphase Energy (U.S.; home solar systems), 8.5%; Enlight Renewable Energy (Israel; solar plants), 7.6%; SolarEdge Technologies (Israel; DC inverters), 6.5%; and Sunrun (U.S.; panels), 4.7%. The ETF’s MER is a relatively high 0.70%.

1 min read

Pat McKeough

Dividend Stocks

These high yields remain sustainable

Both of these Canadian insurance stocks provide investors with high dividend yields. They also offer strong growth prospects at a more than reasonable price. Each is a buy.

MANULIFE FINANCIAL, $53.03, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares outstanding: 1.7 billion; Market cap: $88.5 billion; TSINetwork Rating: Above Average; Dividend yield: 3.5%; www.manulife.ca) represents one of Canada’s largest life insurers. It’s also a leading insurer in Vietnam, Cambodia, Singapore, and the Philippines. On March 31, 2026, the insurer had $1.71 trillion in assets under administration.

2 min read

Pat McKeough

Testimonials

The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

Chuck Chakrapani, PhD
Investors Association of Canada
The older I get the better dividends look. For retirees and would-be retirees who want to sleep at night, I can’t think of a better source of information on reliable growing dividend income than Pat McKeough’s newsletter, Dividend Advisor.

Jonathan Chevreau
Financial Post Columnist
As a manager of more than $500 million in mutual funds, I have access to the best brokerage research available in this country. But I still take time to read Pat McKeough’s premium newsletters

John Sartz
I appreciate the 25 years of above market returns I received by following your advice. at least 95% of my investment decisions were based on TSI recommendations.

Chuck J.
Subscriber since 1996. Inner Circle Member Since 2006
The newsletters I receive in Inner Circle Pro are fantastic! I have been following Pat’s advice for years and everything he has said has been amazing. His commentaries are brilliant, insightful, educational, rational and balanced. My returns are almost double the TSE and I have referred many of my friends who have switched over to your services.

Walter H.
Inner Circle Pro subscriber

Browse Premium Topics

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.