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
iwb20132 (September 13, 2010)
A head-shaking decision… The insurance industry: what lies ahead?… Tom Slee updates Alimentation Couche-Tard… Irwin Michael looks beyond the market turmoil… Irwin Michael updates Fortress Paper, Canam Group, Equitable Group, Genworth MI Canada, Polaris Minerals… Good week for banks, bad week for oil… Gordon Pape’s updates: Agnico-Eagle, BCE… Correction: UYG… TFSA seminar: last chance
iwb20131 (August 30, 2010)
Extraordinary times… Lost money? Here’s why… Ryan Irvine finds a little-known income trust… Ryan Irvine updates Asia Bio-Chem Group… Good week/bad week: National Bank and Potash Corp. … Updates: ProShares Ultra Financials ETF, Research in Motion… Members’ Corner: Bonds and bond funds… Free TFSA seminar
iwb20130 (August 23, 2010)
Bonds rock!… Glenn Rogers like Teck… Glenn Rogers updates Textainer, ONEK, Covidien… Potash Corp.: A high-stakes poker game… Gordon Pape’s updates: RioCan, Penn West, PetroBakken Energy… Your Questions: Tax on U.S. money, Telus non-voting shares… Members’ Corner: The future of copper
iwb20129 (August 16, 2010)
The dreaded “W”… Profit potential in the “red metal”… Tom Slee updates CN Rail, Norfolk Southern, Rogers, Bombardier… Good week/bad week: Tim Hortons, oil, movies… Gordon Pape’s updates: TransCanada, BCEs… Your Questions: TFSA taxation, earning higher returns… Binary options feedback… Members’ Corner: Car scams
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.