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
iwb21541 (November 22, 2015)
CP goes after Norfolk Southern… But will you tell me when to sell?… Shawn Allen updates Melcor Developments, Stantec, AutoCanada Hydro One fits conservative portfolios… Gordon Pape’s updates: Suncor Energy, Enbridge Inc. … Members’ Corner: Climate change
iwb21540 (November 7, 2015)
Mini Portfolio has good run… Ryan Irvine picks Firan Technology… Ryan Irvine’s updates: Grenville Strategic Royalty, Hammond Power Solutions, The Caldwell Partners International… Gordon Pape’s updates: TransCanada Corp., WSP Global… Your Questions: GE share swap… Members’ Corner: Water, water…, AltaGas
iwb21539 (November 1, 2015)
Water, water – but not everywhere… Healthcare collapse a buying opportunity?… Infrastructure focus should help utilities/pipelines… Gavin Graham updates AltaGas, Capstone Infrastructure… Gordon Pape’s updates: TransForce, Shaw Communications… Your Questions: TFSA rollovers, CDIC coverage
iwb21538 (October 24, 2015)
The Liberals and your money… A towering stock pick… Glenn Rogers updates Yum Brands, Freeport McMoRan, Agrium, CBRE Clarion Global Real Estate Fund… Gordon Pape’s updates: New Flyer Industries, Wells Fargo, Alphabet Inc.. SPDR S&P Dividend Income ETF, iShares S&P/TSX Canadian Dividend Aristocrats Index ETF
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.