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, Adam Mayers, Paul Bamford & Michael Corcoran.
Recent Issues
iwb22419 (May 26, 2024)
The unknown index… The Week… The value trap… Richard Croft picks JMON… Richard Croft updates Oddity Tech… Gordon Pape updates Telus, Walmart, Target, The Home Depot… Financial Factoids: Adrianna Huffington
iwb22418 (May 13, 2024)
Ma Bell no longer… The Week… Money laundering scandal hits TD hard… Berkshire Hathaway’s annual meeting… Shawn Allen updates Stantec, Enbridge… Gordon Pape updates TFI International, ExxonMobil, Rogers Communications… Glenn Rogers updates Ford, GE HealthCare Technologies, Bank of America
iwb22417 (May 5, 2024)
The Magnificent Six… The Week… Aid package boosts US defense industry… Glenn Rogers updates Cheniere Energy, Crown Castle International… The advantage of economic moats… Adam Mayers updates Microsoft, Nvidia
iwb22416 (April 29, 2024)
Stock gains 22% a year… The Week… Gold hits new highs… Gavin Graham updates Agnico Eagle, Franco-Nevada, Pan American Silver, Equinox Gold… Gordon Pape’s updates: ARK Innovation ETF, CI Canadian REIT ETF… Your Questions: US dollar bank ETFs
Recent Updates
Cameco Corp. (TSX: CCO, NYSE: CCJ)
Cameco is one of the world’s largest uranium producers, with mines at McArthur River and Cigar Lake in Saskatchewan and refineries in Ontario. As governments and investors have become more favourably inclined towards non-carbon emitting sources of baseload power such as nuclear in recent years, Cameco’s fortunes and its share price have revived.
Sell half
CGI Group (TSX: GIB.A, NYSE: GIB)
CGI is the fifth largest independent information technology and business process services firm in the world. The company, founded in 1976, delivers an end-to-end portfolio of capabilities, from IT and business consulting to systems integration, outsourcing services, and intellectual property solutions. It employs about 93,000 professionals in offices and delivery centres across the Americas, Europe, and the Asia Pacific region.
Hold
Bank of Nova Scotia (TSX, NYSE: BNS)
Scotiabank is the most internationally diversified of the major Canadian banks, with over 30% of its assets coming from its overseas operations, primarily what the bank describes as the three Pacific Alliance countries of Mexico, Peru, and Chile. It sold its subscale operations in Colombia, Panama, and Costa Rica to bank Davivienda in the first quarter in exchange for a 20% stake in Davivienda, taking a $1.4 billion impairment charge on the sale. Scotiabank has strengths in mortgage and corporate lending and wealth management and is usually the lowest cost operator amongst the major banks.
Buy
RBC Group (TSX, NYSE: RY)
RBC is the largest bank in Canada, with 23% market share after the acquisition of HSBC’s Canadian operations in late 2024. It has strengths in retail banking, investment banking, and asset management plus the largest share of mortgages and corporate lending in Canada.
Buy
Pfizer Inc. (NYSE: PFE)
Pfizer is a leading international pharmaceutical company that can trace its history back more than 170 years. Its business units include Oncology, Inflammation & Immunology, Rare Disease, Hospital, Vaccines, and Internal Medicine. Pfizer was the first company (along with partner BioNTech) to have a Covid vaccine approved for general use. It has proven to be highly effective with minimal side effects. The company has also developed a drug to treat the virus.