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

tii2520 (October 23, 2025)

Utilities on the rise… Bonds or preferreds? A tug of war… Richard Croft updates CIBC, Power Corp., Manulife Financial… Gordon Pape updates BMO Group, Exchange Income Corp…. Gordon Pape’s ETF updates

tii2519 (October 9, 2025)

Nervous? Think short… Top Pick: iShares Core Canadian Short Term Corporate Bond Index ETF… Infrastructure ETFs offer hidden value… Adam Mayers updates Metro… Gordon Pape updates AT …

tii2518 (September 25, 2025)

Falling rates boost High Yield Portfolio, Higher copper demand sparks Teck merger talk, This month’s Top Pick: Rio Tinto. Desjardins bids for Guardian, Grocery-anchored retail REITs

tii2517 (September 11, 2025)

Junk bonds: A risk-return balance… CT REIT offers safety, income… Adam Mayers updates iShares S&P/TSX Dividend Aristocrats Index ETF, South Bow Corp…. Gavin Graham updates National Bank, Saputo

tii2516 (August 28, 2025)

Rate cuts would benefit utilities… Top Pick: Dominion Energy… RRIF Portfolio posts gain… Gavin Graham updates Canadian Tire, Corby Spirit and Wine, Lundin Mining

tii2515 (August 14, 2025)

Russel rewards investors… Ray Dalio’s US debt warning… Adam Mayers updates LyondellBasell Industries… Gordon Pape updates Bank of Montreal, Procter & Gamble

tii2514 (July 24, 2025)

A remarkable recovery… Gavin Graham’s energy updates: AltaGas, Canadian Natural Resources, Suncor Energy, Peyto Exploration & Development, Pason Systems… Preferreds are still profitable… Shawn Allen’s preferred share updates… Gordon Pape updates Exchange Income Corp.

Older issues

Recent Updates

Exchange Income Corporation (TSX: EIF, OTC: EIFZF)

Exchange Income Corporation (EIC) is a diversified, acquisition-oriented Canadian company that invests in the aerospace and aviation and manufacturing sectors. Its aircraft operations provide services throughout the Canadian north.


Buy


Power Corporation of Canada (TSX: POW, OTC: PWCDF)

Power Corporation oversees an insurance business through subsidiaries Great-West Lifeco and IGM Financial. Power also provides investment services that include asset management, wealth management, and alternative investments.


Hold


CI Health Care Giants Covered Call ETF (TSX: FHI)

This ETF invests in an equal-weight portfolio of about 20 of the largest healthcare companies listed on North American exchanges. The managers write covered call options on a portion of the stocks to generate extra revenue for unitholders.


Hold


BMO Covered Call DJIA Hedged to CAD ETF (TSX: ZWA)

This ETF tracks the Dow Jones Industrial Average (hedged to Canadian dollars) and uses covered call options to generate additional income. The options are written out of the money, which means the stock is trading below the potential sale price (the strike price). The option premium provides limited downside protection. The underlying portfolio is rebalanced to maintain better representation of the broad market, and options are rolled forward upon expiry.


Hold


Manulife Financial (TSX, NYSE: MFC)

Manulife Financial, together with its subsidiaries, provides financial products and services throughout North America and has a significant presence across the Asia Pacific basin. Services focus on wealth and asset management, and the company’s product suite includes a range of insurance and annuity products. Manulife also operates a Schedule B bank (Manulife Bank).


Hold