Topics
ENBRIDGE, $54.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $113.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....

Here are two of our top safety-conscious stock recommendations. Both have strong growth plans in place; that should boost their prospects and at the same time, spur their share prices.


CANADIAN PACIFIC RAILWAY $98.32, is a buy. The company (Toronto symbol CP; shares outstanding: 929.9 million; Market cap: $91.6 billion; Rating: Above Average; Dividend yield: 0.8%) ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver....
TC ENERGY INC., $63.29, is a buy. The company (Toronto symbol TRP; Shares outstanding: 983.5 million; Market cap: $63.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.tcenergy.com.) owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important—especially considering the pandemic—is their diverse mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provide stable cash flows....
PEMBINA PIPELINE, $46.38, is a buy. The company (Toronto symbol PPL; Shares outstanding: 554.3 million; Market cap: $26.1 billion; TSINetwork Rating: Average; Dividend yield: 5.4%; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil....
Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also spurred prices. We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you should focus on producers with positive cash flow even at low energy prices....
CENOVUS ENERGY, $24.64, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $47.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.7%; www.cenovus.com) has now agreed to buy the 50% of an oil refinery in Toledo, Ohio, that it doesn’t already own from U.K.-based oil giant BP plc (New York symbol BP).


In exchange, Cenovus will pay $300 million U.S....
Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means rising interest rates are a boon to their returns....
INVESCO SOLAR ETF, $84.33, 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.


The fund’s top holdings are Enphase Energy (U.S.; home solar systems) at 12.7%; First Solar (China; solar panels), 9.3%; SolarEdge Technologies (Israel; solar-power batteries), 8.1%; Sunrun (U.S.; solar panels), 5.4%; GCL Technology (China; polysilicon), 4.9%; and Xinyi Solar (China; solar panels), 4.5%. The ETF charges a reasonable MER of 0.66%.


Renewable stocks have drifted down lately, after big runups last year on President Biden’s support for sun, wind and hydro power—plus strong investor interest in stocks that will gain from the push for global decarbonization....

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....