Two ETF ideas to bolster 2025 returns

Here we highlight just two investment ideas for 2025. The Supplement on page 19 provides more details on both and other ETF strategies.
ISHARES S&P 500 3% CAPPED INDEX ETF $45.52 (Toronto symbol XUSC; TSINetwork ETF Rating: Conservative; Market cap: $72.8 million) invests in large and medium-sized U.S…. Read More

Enbridge raises its dividend

ENBRIDGE, $63.30, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.2 billion; Market cap: $136.6 billion; TSINetwork Rating: Above Average; Dividend yield: 6.0%; www.enbridge.com) recently completed its acquisition of three regulated gas utility firms—they serve roughly 3 million customers in Ohio, North Carolina, Utah, Idaho and… Read More

Power profits with IGM

POWER CORP., $43.31, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 590.4 million; Market cap: $28.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.2%) owns 62.2% of IGM Financial (symbol IGM on Toronto). IGM is Canada’s largest independent asset management provider.
IGM owns 27.3% of robo-advisor Wealthsimple. Generally,… Read More

Two high-yield REITs focused on quality

These REITs own some of the best properties in Canada, with a concentration on its biggest cities. Both offer high yields as well as steady growth prospects. Each is a buy.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.01, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding:… Read More

IMO ups its spending

IMPERIAL OIL LTD., $95.25, is a buy. The company (Toronto symbol IMO; Shares outstanding: 523.4 million; Market cap: $49.5 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) gets over 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations… Read More

These Canadian insurers offer gains ahead

Both these Canadian insurance stocks provide investors growth prospects as well as high dividend yields. We see each as a buy.
MANULIFE FINANCIAL, $44.10, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares o/s: 1.8 billion; Market cap: $77.1 billion; TSINetwork Rating: Above Average; Yield: 3.6%; www.manulife.ca) represents one… Read More

TD hikes your dividend

TD BANK, $77.92, is still a buy. The lender (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $137.4 billion; TSINetwork Rating: Above Average; Yield: 5.3%; www.td.com) will raise its quarterly dividend by 2.9% with the January 2025 payment. Investors will then receive $1.05 a share instead of $1.02…. Read More

BNS’s new strategy will pay of

Under a new plan to pivot away from underperforming Latin American markets, Bank of Nova Scotia recently purchase a 14.9% stake in U.S.-banking firm KeyCorp (New York symbol KEY). KeyCorp provides a variety of financial services through 1,000 branches in 15 states. The acquisition will… Read More