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
tii2506 (March 27, 2025)
Investing in convenience… This month’s Top Pick: Fomentos Economico Mexicano… Gavin Graham updates CK Hutchison, Calian Group, Leon’s Furniture, Stella-Jones… Utilities, telecoms offer tariff protection… Adam Mayers updates BMO Equal Weight Utilities Index ETF… Three ETFs for uncertain times… Your Questions: RRIF withdrawals
tii2505 (March 13, 2025)
Three tariff-fighting stocks… Gordon Pape updates Freehold Royalties… Gavin Graham updates retail REITs… Your Questions: Capital Power
tii2504 (February 27, 2025)
Innergex takeover… When will REITs recover?… This month’s Top Pick: CAP REIT… Gavin Graham updates grocery-anchored REITs… RRIF Portfolio inches higher
tii2503 (February 13, 2025)
BCE disappoints again… Quality stocks with 6%+ yields… Top Pick: LyondellBasell Industries… Adam Mayers updates Corby Spirit and Wine… Your Questions: Brookfield Infrastructure
tii2502 (January 30, 2025)
Hedged, unhedged, US dollars – an investor’s guide… The elephant in the room… Richard Croft updates Power Corp., CIBC… This month’s Top Pick: AT&T… A good time for pipeline stocks… Gordon Pape updates iShares 0-5 Years TIPS Bond Index ETF, Emera Inc…. Your Questions: Preferred shares
tii2501 (January 15, 2025)
The Trump defence… Hydro One is a portfolio anchor… A good year for dividends
tii2424 (December 18, 2024)
Top income stocks of 2024… An eventful year for Canadian banks… Gavin Graham updates Scotiabank, National Bank, Definity Financial Group, Guardian Group, Capital Power… Gordon Pape updates Gibson Energy, Keyera, Pembina Pipeline… Correction… Price increase…Your Questions: Adding more fixed income, XSTP return
Recent Updates
Metro Inc. (TSX: MRU)
Metro Inc. is a large grocery and pharmacy chain operating primarily in Quebec, where 71% of its grocery stores are located. The remaining 29% are in Ontario. Similarly, 83% of its pharmacies are in Quebec, 12% in Ontario, and 4% in New Brunswick.
Buy
AT&T (NYSE: T)
AT&T serves more than 110 million wireless subscribers. The company is now a pure telecommunications operation, having disposed of its Warner Media division a few years ago and its stake in DIRECTV earlier this month.
Buy
iShares Global Infrastructure Index ETF (TSX: CIF)
This ETF has been a top performer since its launch in 2008. It offers global exposure to companies in the transportation, water, and electricity services sectors. Most of its holdings are in Canada and the US.
Buy
BMO Global Infrastructure ETF (TSX: ZGI)
This was the first ETF launched by Bank of Montreal in 2010 and is a good-sized fund with $222 million in assets. It offers reasonable liquidity and passively follows the Dow Jones Brookfield Global Infrastructure North American Listed Index, with weightings based on the market capitalization of the stocks in the index.
Buy
Canadian Tire Corp. (TSX: CTC.A, OTC: CDNAF)
In addition to its 503 dealer-operated Canadian Tire stores, CTC also owns and directly operates Mark’s, with 383 stores, and 354 sports stores (SportChek, Sports Expert, Atmosphere, Athlete’s World, and others). As well, it has 279 gasoline bar locations, plus PartSource, Party City, and Pro Hockey Life, which total 169 stores.
Canadian Tire, through its bank subsidiary is also a large MasterCard issuer with 2.3 million active credit card holders with average account balances of $3,224 each. That’s $7.4 billion in credit card receivables.