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
iwb2928 (July 27, 2009)
The wild card loonie … Tom Slee: The banks look strong … Tom Slee picks BMO… Tom Slee updates TD Bank, Enbridge, Potash Corp…. Warren MacKenzie on income portfolios… Suncor-Petrocan options… Members’ Corner: Overdue first step, questions sell advice
iwb2927 (July 20, 2009)
A first step… Tim Hortons tackles the Big Apple… Glenn Rogers likes Walgreens… Glenn Rogers updates STEC, Fluor Corp., Valero Energy, Knightsbridge Tankers, Euroseas, Eagle Bulk Shipping… Gordon Pape’s updates: Shaw Communications, CIBC… Recommended List deletions… Your Questions: Target prices, saving for retirement, depression coming?… Let’s talk about ETFs
iwb2926 (July 13, 2009)
Good news? Yawn!… New pick: Crescent Point Energy… Tom Slee: Outlook grim for lifecos… Tom Slee updates Sun Life, Manulife, Manulife Notes, BMO Notes, Industrial Alliance, Thomson Reuters, Potash Corp. … Gordon Pape’s updates: Brookfield Asset Management, Viterra Inc…. Your Questions: O’Shaughnessy funds, wants to change portfolio… MLPs and RRSPs
iwb2925 (July 6, 2009)
First-half scorecard… Irwin Michael: It comes down to stock-picking… Irwin Michael updates American National Insurance, Playmates Holdings, Playmates Toys, Polaris Minerals… Beware the HST hit… Gordon Pape’s updates: Lundin Mining, Angiotech Pharmaceuticals, Mackenzie Sentinel Income Fund B… Your Questions: After-hours trading, Horizon BetaPro ETFs
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.