Designed to help Canadians find investment solutions to the two big problems they’re facing: low interest rates and volatile stock markets, the Income Investor was chosen by The Globe and Mail as one of the top five investment newsletters in Canada. If you need income from investments with minimal risk, the Income Investor covers all types of income securities including income trusts, preferred shares, high-yielding common stocks, bonds, mutual funds, exchange-traded funds, and GICs. Any security that generates cash flow is fair game for our experts.
Edited and published by Gordon Pape. Editor: Mike Keerma.
With Gavin Graham, Shawn Allen, Adam Mayers, & Paul Bamford.
Recent Issues
tii2415 (August 15, 2024)
Signs of life in bond markets… Cash flow from weight loss drugs…Top Pick: Evolve Global Healthcare Enhanced Yield Fund… Gordon Pape updates North West Company
tii2414 (July 25, 2024)
Rate resets revisited… Shawn Allen’s preferred share updates… A tale of two gold funds… The risk/reward dilemma… Richard Croft updates Power Corp., CIBC, Manulife… Gordon Pape updates Enbridge, Fortis
tii2413 (July 11, 2024)
Immigration boosts stock returns… This month’s Top Pick: InterRent REIT… Gordon Pape updates Russel Metals, iShares 0-5 Years TIPS Bond Index ETF, Harvest Brand Leaders Plus Income ETF
tii2412 (June 27, 2024)
A mixed first half… Forget bank deposits, buy the shares… National Bank buys CWB… Gavin Graham updates AltaGas, Ecora Resources, Lundin Mining, Sucor Energy… Top PHN fund reopens
tii2411 (June 13, 2024)
A rock and a hard place… Infrastructure ETFs offer hidden value… Top Picks: iShares Global Infrastructure Index ETF, BMO Global Infrastructure Index ETF… Adam Mayers updates TC Energy… Gordon Pape updates Innergex
tii2410 (May 30, 2024)
US utility stocks surge… Gordon Pape’s Top Pick: Southern Company… Gordon Pape updates Emera Inc., Duke Energy… Copper-bottomed certainty… Gavin Graham’s Top Pick: BHP Billiton… Gavin Graham updates Intact Financial, Leon’s Furniture, Pason Systems
tii2409 (May 15, 2024)
AI may rescue green energy… Corby’s high dividend worth a toast… Adam Mayers updates BMO Aggregate Bond Index ETF… Gordon Pape updates Enbridge… Members’ Corner: Bond funds
Recent Updates
Watts Water Systems (NYSE: WTS)
Watts Water is a provider of market-leading brands in water solutions, with annual sales of $1.8 billion in 2021. Its divisions provide the highest level of performance in the safeguarding of water systems, driven by code and certification, address energy efficiency needs by offering the most efficient conversion of energy sources into heat and hot water, and deliver drainage and pre-treatment systems that help with water conservation projects.
Buy
UK iShares MSCI ETF (NYSE: EWU)
This ETF invests in the UK’s FTSE100 Index, which consists mostly of large-capitalization U.K.-based companies. Launched in March 1996, it has US$3 billion in assets under management and has a reasonable MER of 0.5%.
Buy
Algonquin Power & Utilities Corp. (TSX, NYSE: AQN)
Algonquin’s transition into a conventional utility is paying off. The company reported first-quarter adjusted earnings of $111.6 million ($0.14 a share), up from $80.1 million ($0.11 a share) in the same period last year. Note that the company reports in US dollars.
“The company recorded a constructive first quarter of 2025 with notable year-over-year improvements in our key financial metrics,” said CEO Rod West, who took over the job in March. “Our results were solid, reflecting the strength of our core regulated utility operations.”
Hold
Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson (JNJ) is one of the largest healthcare companies in the world. It employs over 120,000 people in its two divisions, Pharmaceutical and MedTech. It spun off its consumer healthcare division in 2023, naming it Kenvue. About 64% of its $88.8 billion in 2024 revenues came from its pharmaceutical division, while the remaining 36% was from its MedTech operations.
Buy
Slate Grocery REIT (TSX: SGR.UN, OTC: SRRTF)
Slate Grocery REIT is a 100% pure play grocery focused US strip mall operator. It has 117 properties comprising 15.3 million sq. ft. in 24 states primarily located in the fast growing mid-Atlantic, Southeastern US, and Texas. Property value was $2.4 billion as of Sept. 30, 2023.