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
iwb21719 (May 15, 2017)
ETFs gain more traction… Ryan Irvine picks Meritage Hospitality… Ryan Irvine updates Exco Technologies, GlobalSCAPE, Merus Labs… Gordon Pape’s updates: TFI International… Glenn Rogers updates Nvidia Corp… Members’ Corner: Senior discount
iwb21718 (May 8, 2017)
Glenn Rogers looks to big tech for growth… Glenn Rogers’ updates: National Beverage, Tesla, FireEye, Axon Enterprise, Wyndham Resorts… Gordon Pape’s updates: Amazon, Alphabet, Equitable Group, AT&T… Michael Corcoran’s updates: LyondellBasell Industries, Tourmaline Oil, Whitecap Resources, ExxonMobil… Ryan Irvine seminar
iwb21717a (April 29, 2017)
In this issue: Home Capital hits a wall HOME CAPITAL HITS A WALL By Gavin Graham, Contributing Editor Home Capital (TSX: HCG) saw its stock price plummet this week. The company provides mortgages to borrowers who don’t meet the banks’ standards, primar …
iwb21717 (April 24, 2017)
Richelieu is a buy… Does the Trump effect work overseas?… Gavin Graham updates iShares JPMorgan USD Emerging Markets Bond ETF, Vodaphone, Honda… Gordon Pape updates UnitedHealth Group, Wells Fargo, Stryker Corp…. Your Questions: GICs… Seminar: Building a winning portfolio
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.