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
iwb21206 (February 13, 2012)
Build a winning RRSP… Gavin Graham: Bet on equities in 2012 … Gavin Graham says Dollarama still a buy… Three RRSP tips… Gordon Pape’s updates: iShares S&P 500 Index Fund, iShares DEX Short Term Bond Index Fund, iShares DEX Universe Bond Index Fund, Cameco Corp…. Irwin Michael updates Genworth MI… Your Questions: Hold recommendations
iwb21205 (February 6, 2012)
Stay defensive… Some insurance stocks look attractive… Tom Slee updates Enbridge, Rogers Communications, Emera, National Bank… The debt bomb… Gordon Pape’s RRSP updates: Mackenzie Sentinel Income Fund, Philips, Hager & North Total Return Bond Fund, Claymore 1-5 Laddered Government Bond ETF… Your Questions: Covered call ETFs, retirement capital… Members’ Corner: U.S. election, survey questions
iwb21201 (January 9, 2012)
Instability rules!…The 2011 scorecard…Tom Slee’s view of the year ahead…Tom Slee’s four top picks for 2012…Tom Slee updates Gildan Activewear…Gold is the common denominator…Gordon Pape’s updates: Telus, Suncor…Your Questions: TFSA contributions…New book now available
iwb21144 (December 12, 2011)
Counting blessings… Grappling with the Great Contraction… Tom Slee recommends two preferred shares… Tom Slee updates Bombardier, Canadian Tire, Quadra FNX Mining… Glenn Rogers likes Disney… Glenn Rogers updates American Science and Engineering, Johnson Controls, Las Vegas Sands, Broadcom… The Super Stocks: Tim Hortons… Beat the price increase
Recent Updates
Telus Corp. (TSX: T, NYSE: TU)
Telus claims to be Canada’s fastest-growing national telecommunications company. The company provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada’s largest healthcare IT provider.
Hold
Loblaw Cos. Ltd. (TSX: L, OTC: LBLCF)
Loblaws owns the Shoppers Drug Mart chain and PC Financial, which offers banking services. It also sells clothing under the Joe Fresh name. Loblaws brands include President’s Choice, No Name, Exact, No Frills, Provigo, Valu-Mart, Fortino’s, and Real Canadian. It is 53% owned by George Weston Ltd.
Hold
WSP Global (TSX: WSP, OTC: WSPOF)
WSP is an international engineering and design firm that provides a wide range of services, from urban planning to environmental remediation. Based in Montreal, the company employs approximately 54,000 people, including engineers, technicians, scientists, architects, planners, surveyors, and environmental specialists, as well as other design, program and construction management professionals. It has more than 500 offices across 40 countries, on five continents.
WSP has seen strong gains over the years. It’s up another 12% this year. And the stock is up 1,187% since the original recommendation in 2012.
Hold
Canadian Tire Corp. (TSX: CTC.A, OTC: CDNAF)
In addition to its 503 dealer-operated Canadian Tire stores, CTC also owns and directly operates Mark’s, with 383 stores, and 354 sports stores (SportChek, Sports Expert, Atmosphere, Athlete’s World, and others). As well, it has 279 gasoline bar locations, plus PartSource, Party City, and Pro Hockey Life, which total 169 stores.
Canadian Tire, through its bank subsidiary is also a large MasterCard issuer with 2.3 million active credit card holders with average account balances of $3,224 each. That’s $7.4 billion in credit card receivables.
Hold
Dollarama (TSX: DOL)
Dollarama has 1,570 stores in Canada. Its highly profitable business model includes directly sourcing its products at low cost, generally from Asia and from China in particular. All stores are company-owned and operated and are in leased premises. It also owns 60% of the fast-growing 547-store Dollar City chain with locations in Colombia, El Salvador, Guatemala, and Peru. Dollar City recently opened its first store in Mexico.