One of the most important principles of sound investment management is staying on top of what’s happening in the world and how those events affect finances. Conditions change quickly, and keeping up-to-date on developments and trends can be challenging. The team of experts producing IWB have been advising Canadian investors for over 25 years.
Edited and Published by Gordon Pape. Associate Editor: Richard Croft
With Gavin Graham, Ryan Irvine, Glenn Rogers, Shawn Allen, Rudy Luukko, & David Kitai.
Recent Issues
iwb22339 (November 6, 2023)
CPP to cost more… Gold shines brightly… Gavin Graham’s precious metals updates… Gordon Pape updates BCE, A&T… Richard Croft updates First Trust Dow Jones Internet Index Fund… Financial Factoids: Mark Zuckerburg… Members’ Corner: Brookfield… Correction
iwb22338 (October 30, 2023)
Brookfield confusion… Too hot to handle?… The end is near…maybe… Richard Croft updates Premium Income Corporation, BMO Covered Call Canadian Banks ETF, BMO S&P/TSX Equal Weight Banks Index ETF… Amazon to the rescue… Ryan Irvine’s fall events
iwb22337 (October 23, 2023)
Crypto: big returns, bigger risk… Canadians are pessimistic about economy… Another way to play the weight loss craze… Glenn Rogers updates Verizon, Nike, Barrick Gold, Rock Teck Lithium, Shopify… Gordon Pape updates Tourmaline Oil, CGI Group… Emerge funds to wind up… Your Questions: OAS clawback… Ryan Irvine’s fall events
iwb22336 (October 16, 2023)
The Indian imbroglio… Diabetes drugs a game-changer… Adam Mayers updates Corby Spirit and Wine, Scott’s Miracle-Gro… Gordon Pape updates ExxonMobil… Ryan Irvine updates XPEL Inc., Polaris Infrastructure… Financial Factoids: Henry Ford
Recent Updates
Xylem Inc. (NYSE: XYL)
Xylem enables customers to transport, treat, test, and efficiently use water in public utility, residential, and commercial building services, and in industrial and agricultural settings. It makes pumps and control systems used in management of wastewater and the collection and distribution of drinking water. It also offers smart metering, network technologies, and advanced data analytics for water, gas, and electric utilities. Xylem does business in more than 150 countries.
WSP Global (TSX: WSP, OTC: WSPOF)
WSP Global Inc. is a global engineering and consulting company with headquarters in Montreal. It’s an aggressive, ambitious, and hugely successful growth-by-acquisition company. Stunningly, it has grown from just 1,600 employees when it went public in 2006 to 83,000 employees today. Annual revenues are currently $19 billion and the equity market value is $26 billion.
Linamar Corp. (TSX: LNR, OTC: LIMAF)
Linamar is a large Canadian-headquartered global auto parts manufacturer with 34,000 employees and 75 plants in 19 countries. In addition to vehicle components, which account for about 73% of its revenues, its other products include scissor lifts, telehandlers, booms, and very large agricultural equipment operation. Annual revenues are over $11 billion. Revenues are 50% from Canada, 23% from Europe, 20% from the US and Mexico combined, and 7% from Asia/Pacific.
Fortis Inc. (TSX, NYSE: FTS)
Fortis is a regulated utility that focuses on electricity and natural gas distribution. Based in St. John’s, Newfoundland and Labrador, it has operations in Canada, the US, and the Caribbean. The company had $73 billion in assets at the end of 2024. It has about 9,700 employees.
Quanta Services (NYSE:PWR)
Houston-based Quanta Services is one of the most important contractors involved in building and maintaining North America’s electricity grid. The company’s workforce includes more than 50,000 linemen, engineers, and technical specialists, many certified to perform the most difficult and hazardous live-line work. This specialization creates a high barrier to entry and helps explain Quanta’s record $30-billion-plus backlog.