Canadian dividends give you tax advantages

Investors who hold dividend-paying Canadian stocks get an additional bonus: their dividends may be eligible for the tax credit reserved for the dividends of Canadian corporations.
This means those dividends get taxed at a lower rate than the same amount of interest income; for example, investors… Read More

Ovintiv lowers its costs

OVINTIV INC., $17.17, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 259.9 million; Market cap: $4.3 billion; TSINetwork Rating: Average; Dividend yield: 2.8%) continues to improve its efficiency in response to the COVID-19 pandemic and falling oil prices. As a result, the company cut its… Read More

You need to keep some exposure to oil

We continue to recommend you maintain some exposure to oil stocks as part of the Resources portion of your overall portfolio. The four oil producers we analyze below still have substantial reserves; they’re also doing a good job of cutting their costs. That puts them… Read More

How to find the best dividend ETF

How to find the best dividend ETF

The best dividend ETFs can lead to high yields and add stability to your portfolio
The best dividend ETFs will practice “passive” fund management, in contrast to the “active” management that conventional mutual funds or some new ETFs provide at much higher costs.

As a result of… Read More

New ETFs that help investors cut their tax bill

This month, we look at three tax-efficient ETFs launched by Horizons earlier this year.
The ETFs don’t hold actual stocks or other investments, but rather financial instruments called “total return swaps” that replicate the returns of indexes.
Instead of paying dividends or interest that is taxable each… Read More