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
iwb22039 (November 2, 2020)
October strikes again… Better times ahead for pot stocks… Adam Mayers’s pot picks… Adam Mayers’s fast-food updates… Gordon Pape updates TFI International… Richard Croft updates two ETFs… Gavin Graham updates Sagen MI… Members’ Corner: Raising taxes; New design… Ryan Irvine’s fall webinars
iwb22038 (October 26, 2020)
Fear mongering… Richard Croft’s recommendations… Richard Croft updates: Pinterest… Big gain for Global Portfolio… Members’ Corner: New design
iwb22037 (October 19, 2020)
What now for Keystone?… Election outcomes… Gavin Graham updates Empire Co., Canadian Natural Resources… Gordon Pape updates TC Energy, Canadian Utilities… Your Questions: Discount brokers, RRIF allocation… Members’ Corner: New design, Political bias
iwb22036 (October 3, 2020)
September – as advertised… And now, October… Major U.S. election risk looms… Shawn Allen recommends Alcanna Inc…. Shawn Allen updates WSP Global, Toll Brothers… Gordon Pape updates Fortis, Enbridge… Your Questions: Nuvei IPO
Recent Updates
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.
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.