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ALGONQUIN POWER & UTILITIES, $18.09, is a buy. The utility (Toronto symbol AQN; Shares outstanding: 675.5 million; Market cap: $12.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%; www.algonquinpower.com) owns regulated utility systems in the U.S., Canada, Bermuda and Chile....
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 both with stable cash flows....
ENBRIDGE, $58.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $118.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....
These two insurers offer investors growth prospects, as well as high yields. Meanwhile, rising interest rates are generally good for insurers. They 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....
ISHARES S&P/TSX REIT INDEX ETF, $18.83, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index....
Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also driven up 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....
INVESCO SOLAR ETF, $70.22, 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 11.2%; SolarEdge Technologies (Israel; solar-power batteries), 8.9%; GCL Technology (China; polysilicon), 6.5%; Xinyi Solar (China; solar panels), 6.3%; First Solar (China; solar panels), 5.9%; and Sunrun (U.S.; 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....
BCE INC., $68.60, is a buy. The company (Toronto symbol BCE; Shares outstanding: 910.9 million; Market cap: $62.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.4%) is Canada’s largest traditional telephone service provider....
IBM shares held up well despite the recent sharp downturn in many tech stocks. That’s because unlike most of those technology companies, IBM is consistently profitable—and its high, sustainable dividend also helps support its stock price. Meanwhile, in response to slowing demand for its traditional mainframe computers and consulting services, IBM has shifted its focus to the faster-growing field of cloud computing....