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
iwb21415 (April 14, 2014)
3-D printing – exciting but dangerous… Is the five-year bull market nearing an end?… Gavin Graham updates Honda, Loews, Leucadia… Another approach to RESPs… Gordon Pape’s updates: Constellation Software… Your Questions: Same fund, why the difference?… Members’ Corner: No mutual funds, please… The Heartbleed bug
iwb21414 (April 7, 2014)
TFSA portfolio on target… LNG exports offer opportunity… Ryan Irvine updates High Arctic Energy, Leader Energy… Gordon Pape’s Updates: Google Inc., Mackenzie Sentinel Income B Fund, Steadyhand Income Fund, Steadyhand Founders Fund… Your Questions: Floating rate ETF… Members’ Corner: PHN codes… Housekeeping
iwb21413 (March 31, 2014)
Value for money… Pipe or perish… Tom Slee picks Altagas… Tom Slee updates Bombardier, Manulife Financial, Intact Financial, Chicago Bridge and Iron… More on PFICs… Gordon Pape’s updates: Saputo Inc., L Brands, Southern Company… Your Questions: U.S. withholding tax, sell or buy, old stock certificates
iwb21412 (March 24, 2014)
Quebec and the markets… Miserable winter made this company happy… Glenn Rogers updates American Airlines, Market Vectors Russia ETFs, Market Vectors Rare Earths/Strategic Metals ETFs… Gordon Pape updates Franklin Bissett Canadian Equity Fund, Leith Wheeler Canadian Equity Fund, Mawer Tax-Effective Balanced Fund, Mawer U.S. Equity Fund, PH&N Short Term Bond and Mortgage Fund, PH&N Total Return Bond Fund… A warning for U.S. citizens… Members’ corner
Recent Updates
Thermo Fisher Scientific Inc. (NYSE: TMO)
Based in Waltham, Massachusetts, this is a leading manufacturer of scientific instrumentation including laboratory and health monitoring equipment. It also provides software and services to the healthcare, biotechnology, and pharmaceutical industries, as well as to governments and academia. Its brands include Thermo Scientific, Fisher Scientific, Applied Biosystems, Invitrogen, Patheon, and Unity Lab Services.
Hold
Stantec Inc. (TSX, NYSE: STN)
Stantec now has 34,000 employees working in over 400 office locations on five continents. In 2024, 52% of its revenues were from the US, 24% from Canada, and 24% from other international operations, which are primarily in the UK, Australia, and New Zealand.
Hold
Celestica (TSX, NYSE: CLS)
Celestica has two operating segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of its Aerospace and Defense, Industrial, HealthTech, and Capital Equipment businesses. The CCS segment consists of the company’s Communications and Enterprise (servers and storage) end markets.
Buy
Linamar Corp. (TSX: LNR, OTC: LIMAF)
Linamar is a large Canadian-headquartered global auto parts manufacturer with 34,000 employees and 75 plants in 19 countries. Its manufacturing processes are increasingly highly engineered and technologically advanced. In addition to vehicle components, which account for about 73% of its revenues, its other products include aerial work platforms, telehandlers, booms, and very large agricultural equipment.
Hold
Brookfield Corporation (TSX, NYSE: BN)
Brookfield Corporation is a Toronto-based conglomerate with interests in several areas including asset management, real estate, renewable energy, infrastructure, and insurance. The company currently has about $490 billion in assets.