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BIRCHCLIFF ENERGY LTD., $8.67, is a buy for aggressive investors. The company (symbol BIR on Toronto) develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. Its average output of 78,716 barrels of oil equivalent per day is 80% natural gas and 20% oil.

Cash flow in the quarter ended December 31, 2021, jumped sharply, to $0.73 a share from $0.25 a year earlier....
ROYAL BANK OF CANADA, $137.32, Toronto symbol RY, is a buy.

The bank will now purchase U.K.-based wealth management firm Brewin Dolphin Holdings Plc. Its assets under management totalled 59 billion British pounds (roughly $101 billion Canadian) as of December 31, 2021.

Royal will pay $2.6 billion for Brewin Dolphin....
PEMBINA PIPELINE, $47.23, is still a buy. The company (Toronto symbol PPL; Shares outstanding: 550.4 million; Market cap: $25.7 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; www.pembina.com) has signed a deal with U.S.-based private equity firm KKR to combine their Western Canadian natural gas processing assets in a new joint venture.


The as-yet-unnamed new entity will be owned 60% by Pembina and 40% by KKR....
CHOICE PROPERTIES REIT, $15.49, is a buy. The trust (Toronto symbol CHP.UN; Units outstanding: 723.4 million; Market cap: $11.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%; www.choicereit.ca) recently agreed to sell six office properties (3 in Toronto, 2 in Vancouver, and 1 in Montreal).


The buyer is ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $46.56 (Toronto symbol AP.UN; Units outstanding: 127.9 million; Market cap: $6.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.alliedreit.com). The sale was for $794 million....
CANADIAN PACIFIC RAILWAY, $104.21, (Toronto symbol CP; shares outstanding: 929.7 million; Market cap: $95.9 billion; Rating: Above Average; Dividend yield: 0.7%) is still a buy.


U.S.-based activist investor Bill Ackman, through his Pershing Square hedge fund, now owns 2.8 million shares of CP....
Here are two of our top safety-conscious utility recommendations. Both have strong growth plans in place, which should boost their cash flow to pay for dividend increases as well as boost their share prices.


TELUS, $32.26, is a buy. The stock (Toronto symbol T; Shares o/s: 1.4 billion; Market cap: $44.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www.telus.com) gives you a stake in a wireless business with 11.42 million subscribers....
TD BANK, $101.42, (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $184.2 billion; TSINetwork Rating: Above Average; Dividend yield: 3.5%; www.td.com) is a buy. The bank will now buy U.S. banking firm First Horizon Corporation....

ISHARES MSCI TAIWAN INDEX FUND, $62.12, is a buy for aggressive investors. The ETF (New York symbol EWT; buy or sell through brokers) gives you direct exposure to some of the top public companies of this East Asian powerhouse economy.


The fund’s largest holding is Taiwan Semiconductor at 21.1% of assets....
The major Canadian and U.S. stock markets, while subject to volatility, have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying....
VANECK VECTORS VIETNAM ETF, $19.00, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) lets you tap leading Vietnamese companies as well as foreign firms that get a significant share of their revenue from this Southeast Asian nation....