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
iwb22303 (January 23, 2023)
Beating inflation… Ryan Irvine updates three winners: Hammond Power Solutions, Polaris Infrastructure, Firan Technology… Gordon Pape’s ETF updates: ARK Innovation ETF, BMO Clean Energy Index ETF, iShares Global Agricultural Index ETF… Your Questions: Meme stocks
iwb22302 (January 16, 2023)
Which telecom to choose?… Readers expect a good year… Infrastructure offers safety and income… Still waiting on Disney, CAE… Gordon Pape updates Sandstorm, Tourmaline Oil, UnitedHealth Group… Your Questions: Preparing for death
iwb22301 (January 9, 2023)
A tough year ahead… A final look back… Three stocks for 2023… Shawn Allen looks back and ahead… Shawn Allen updates American Express, Metro Inc., RioCan REIT… Gordon Pape updates Brookfield… Members’ Corner: Brookfield spin-off
iwb22244 (December 12, 2022)
Winners in a down year… Front loading inflation… Gordon Pape updates Enbridge, Suncor Energy… Ryan Irvine updates Calian Group, Viemed Healthcare, Hammond Power Solutions… Your Questions: Harvest Healthcare ETF, HXT vs. XIU… Price increase reminder
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.