Updating six North American ETFs

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More

TRP has a new name

TC ENERGY INC. $66.20 (Toronto symbol TRP; Shares outstanding: 923.2 million; Market cap: $61.3 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.transcanada.com) is the new name for TransCanada Corp. (the trading symbol “TRP” remains unchanged). The company operates a 91,900-kilometre pipeline network that pumps natural gas… Read More

TransCanada has a new name

TC ENERGY INC. $64 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 927 million; Market cap: $59.3 billion; Price-to-sales ratio: 4.3; Dividend yield: 4.7%; TSINetwork Rating: Above Average; www.tcenergy.com) is the new name for TransCanada Corp. (the trading symbol “TRP” remains unchanged). The… Read More

Updates on Great-West Lifeco, Loblaw Companies & TransCanada Corp.

GREAT-WEST LIFECO $33.78 (Toronto symbol GWO; shares outstanding: 987.8 million; Market cap: $31.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial.
The company plans to merge its three Canadian insurance subsidiaries (The Great-West Life Assurance Company, London Life… Read More

TransCanada looks to sell assets

TRANSCANADA CORP. $64 (Toronto symbol TRP; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 923.6 million; Market cap: $59.1 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Highest; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations… Read More

Trump aims to jumpstart Keystone

TRANSCANADA CORP. $62 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 923.6 million; Market cap: $57.3 billion; Price-to-sales ratio: 4.2; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and… Read More

Innergex exits Iceland

INNERGEX RENEWABLE ENERGY $14.291 (Toronto symbol INE; Shares outstanding: 133.1 million; Market cap: $1.9 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.9%; www.innergex.com) has agreed to sell its assets in Iceland. It owns a 53.9% stake in two geothermal power projects and is building a run-of-river… Read More

Five of these North American ETFs are buys

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More