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
iwb9724 (July 14, 1997)
Is now the time to buy gold?…Franco-Nevada and Euro-Nevada – Hold/Buy…Francisco and Visionary – Sell…Bond supply drying up – what to do with fixed income funds….Martin’s tough stand on foreign content – what it means to your RRSP…”Pseudo-Canadian” funds – a report card on their progress…Member’s corner – RRSP swaps and Triax
iwb9723 (June 30, 1997)
Mid-year review of recommendations…BONDS AND DEBENTURES…MUTUAL FUNDS…STOCKS…TRUSTS
iwb9722 (June 23, 1997)
Beware of summer storms…Global Equity Corporation (GEQ)…Webscan – The Fund Library…New royalty trusts – Orion and PRT Forest…Regeneration…Members’ Corner – mortgage funds, Templeton…Smaller…Companies,… C.I. Canadian Growth, negotiating mortgage rates…Special mid-year IWB next week
iwb9721 (June 16, 1997)
Marc Joseph leaves Templeton…New Blue Chip recommendation – TrizecHahn (TZH)…Blue Chip Portfolio summary…How to play the hot mortgage market…Members’ corner – RRSP overcontributions, IPOs,…back issues…Updates – Triax High Yield Trust (TRH.IR), Dynamic…Real Estate…Trust
Recent Updates
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.
Hold
Winpak Ltd. (TSX: WPK, OTC: WIPKF)
Winpak produces goods that are mainly used in the food and beverage and healthcare industries. Its modified atmosphere packaging is used to extend the shelf life of perishable products such as meat, poultry, and cheese as well as healthcare products. The majority of its sales are in North America.