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
iwb21716 (April 17, 2017)
Conservative Portfolio stays on track… Don’t shun companies with dual class shares… Shawn Allen updates Alimentation Couche-Tard, Canadian Tire, CRH Medical Corporation… Gordon Pape updates TransCanada Corp., CAPREIT… Your Questions: Bond funds
iwb21715 (April 10, 2017)
Investing in India… Gordon Pape’s mutual fund updates: Templeton Growth, Steadyhand Founders, Steadyhand Income… Ryan Irvine updates Photon Control, TrueBlue Inc., Enghouse Systems… Glenn Rogers updates Palo Alto… Members’ Corner: The federal budget
iwb21714 (April 3, 2017)
Look south for health care stocks… Stocks show signs of faltering… Glenn Rogers watches the ships go by… Glenn Rogers updates Starbucks, Under Armor, Alibaba, Baidu… Gordon Pape updates Stella-Jones, New Flyer Industries… Your Questions: Changing advisors, RRIF withdrawals, bond allocation
iwb21713 (March 26, 2017)
The “bide-your-time” budget… The Self-Sustaining Portfolio… Shawn Allen updates Shawn Allen updates Canadian Western Bank, AutoCanada, and Stantec… TFSA portfolio posts gain… Gordon Pape updates Alphabet… Members’ Corner: Tax Software
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.