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MAPLE LEAF FOODS INC. $31 is still a hold. The company (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 123.9 million; Market cap: $3.8 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.6%; TSINetwork Rating: Average; www.mapleleaffoods.com) has expanded beyond processed meat products in the past few years....
The lifting of COVID-19 travel restrictions is good news for all these aerospace firms. However, we still prefer CAE for its broader array of businesses. As well, Bombardier’s plan to suspend jet sales to Russian clients could slow its turnaround given that market contributes 5% of revenue.


CAE INC....
RioCan’s plan to narrow its focus to major urban areas and to diversify into residential properties helped it weather the COVID-19 lockdowns. The trust’s recent distribution increase is another sign its strategy is working.


RIOCAN REAL ESTATE INVESTMENT TRUST $25 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 317.8 million; Market cap: $7.9 billion; Price-to-sales ratio: 6.8; Distribution yield: 4.1%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 207 shopping centres and other properties across Canada, as well as 13 projects under development....
FORTIS INC. $60 is a buy. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 472.9 million; Market cap: $28.4 billion; Price-to-sales ratio: 2.9; Dividend yield 3.6%; TSINetwork Rating: Average; www.fortisinc.com) is the main supplier of electrical power in Newfoundland and PEI....
BCE INC. $69 is your #1 Income Buy for 2022. The company (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 908.8 million; Market cap: $62.7 billion; Price-to-sales ratio: 2.6; Dividend yield: 5.3%; TSINetwork Rating: Above Average; www.bce.ca) is Canada’s largest traditional telephone service provider....
The Bank of Canada recently raised its benchmark lending rate from 0.25% to 0.50%, its first increase since 2018. It has also signalled that more hikes are coming as it aims to lower Canada’s inflation rate to around 2% from the current 5.1%.


Generally, higher interest rates should help these three financial firms....
CANADIAN PACIFIC RAILWAY LTD. $99 is your #1 Conservative Buy for 2022. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 929.7 million; Market cap: $92.0 billion; Price-to-sales ratio: 7.7; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.cpr.ca) transports freight over a 23,700-kilometre rail network crossing Canada as well as the U.S....
Enbridge makes money by charging oil producers fees to access its pipelines and terminals, so it’s less exposed to volatile oil prices. Nevertheless, it still stands to gain as pandemic recovery spurs demand for oil. The limited number of new pipelines planned by the industry also increases the value of Enbridge’s existing pipelines.


Meantime, the company continues to build out its systems—most of them secured by long-term contracts....
A: Hydrofarm Holdings Group Inc., $13.86, symbol HYFM on Nasdaq (Shares outstanding: 44.6 million; Market cap: $582.2 million; www.hydrofarm.com), is a leading distributor of hydroponics equipment and supplies for controlled environment agriculture....
As expected, the war in Europe is rattling investors, and the media are milking it for attention from readers, viewers and, indirectly, advertisers. Needless to say, they are doing so the old-fashioned way—accentuating the negative. That was easier to do before the Russians invaded....