Lower costs help these railways adapt

U.S. President Donald Trump’s plan to renegotiate the North America Free Trade Agreement (NAFTA), along with the possibility of new tariffs, could hurt cross-border traffic for Canada’s two main railways. However, it seems Trump is mainly concerned about U.S. trade with Mexico rather than Canada.
We’ll… Read More

Payout Boost: CN hikes its dividend

CANADIAN NATIONAL RAILWAY CO. $91 (Toronto symbol CNR; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 764.0 million; Market cap: $69.5 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Highest; www.cn.ca) operates Canada’s largest railway. Its 32,200-kilometre network stretches across… Read More

CN and CP have gains ahead

Given their importance to the Canadian economy, we feel all investors will benefit from owning at least one—if not both—of Canada’s two main railways: CN Rail and CP Rail.

CN and CP tend to leapfrog each other in terms of investor favour. For example, CN… Read More

CANADIAN NATIONAL RAILWAY CO. $77

CANADIAN NATIONAL RAILWAY CO. $77 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 777.2 million; Market cap: $59.8 billion; Price-to-sales ratio: 4.8; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway. Its network stretches across the country and… Read More