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
iwb21112 (March 28, 2011)
How to win the election… Ryan Irvine: Panic selling creates discounts… Ryan Irvine updates Glentel, Zungui Haixi… More updates: Lundin Mining, Franco-Nevada, Cameco, Brookfield Asset Management… Your Questions: TFSA trading, tax on home, RRSP withdrawals… Members’ Corner: Thanks for the tip
iwb21111 (March 21, 2011)
Surprising resiliency… Glenn Rogers: Japan and the markets… Glenn Rogers updates General Electric… Gordon Pape’s updates: Franco-Nevada, Claymore Oil Sands ETF, Penn West, PH&N Dividend Income Fund, PH&N Total Return Bond Fund… Your Questions: TFSA withdrawals, passing on a plan, choosing the right fund… Housekeeping items
iwb21110 (March 14, 2011)
More uncertainty!… Still time to ride the rails in 2011… Tom Slee picks Canadian Pacific… Tom Slee updates CN, Norfolk Southern, Bombardier, SNC-Lavalin, TD Bank… Gordon Pape’s updates: Tim Hortons, Silver Wheaton, Lundin Mining… Your Questions: Insurance dilemma, Yellow Media
iwb21109 (March 7, 2011)
An anniversary to remember… Ryan Irvine says it’s time to focus on savings… Ryan Irvine picks two new stocks… Tom Slee on why auditors may become irrelevant… Your Questions: TFSA confusion… Members’ Corner: Peter Cundill… Updates
Recent Updates
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.
Buy
Cameco Corp. (TSX: CCO, NYSE: CCJ)
Cameco is one of the world’s largest uranium producers, with mines at McArthur River and Cigar Lake in Saskatchewan and refineries in Ontario. As governments and investors have become more favourably inclined towards non-carbon emitting sources of baseload power such as nuclear in recent years, Cameco’s fortunes and its share price have revived.
Sell half
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.