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
tii2513 (July 10, 2025)
Why you should own utility stocks Hydro One hits new highs… Adam Mayers updates Western Union… Gordon Pape updates Canadian Utilities, Emera
tii2512 (June 26, 2025)
Spinoffs provide extra value… This month’s Top Pick: Haleon plc… Gavin Graham updates Watts Water Systems, Johnson & Johnson, Boardwalk REIT, Slate Grocery REIT, iShares MSCI UK ETF… Balanced Portfolio holds steady… Gordon Pape updates Algonquin Power & Utilities
tii2511 (June 12, 2025)
What’s safe?… Inflation defense… Adam Mayers updates Corby’s… New Harvest ETF worth a look
tii2510 (May 22, 2025)
Dividend cuts not always bad… This month’s Top Pick: Enghouse Systems… Gavin Graham updates The Keg Royalty Income Fund, Organon, Minto Apartment REIT… Gain for High-Yield Portfolio… Invest in Canada… Gordon Pape updates BMO, Russel Metals
tii2509 (May 7, 2025)
BIP worth a look… Grocery REITs offer dividends and safety… Adam Mayers updates Hydro One… Gavin Graham updates Allied Properties REIT… Your Questions: Taxing options
tii2508 (April 24, 2025)
Potomac fever… A primer on basis trading… Playing defense… Gavin Graham’s Top Pick: Cogeco Inc… Gavin Graham updates Artis REIT… Your Questions: Sold US house
tii2507 (April 10, 2025)
Pfizer’s woes create opportunity… A high-yield, high-risk stock… Adam Mayers updates Digital Realty Trust… Gordon Pape updates P …
Recent Updates
BMO International Dividend ETF
This ETF invests in a yield-weighted portfolio of dividend-paying stocks issued by companies in developed nations outside North America. Stocks are screened using such metrics as dividend growth rate, payout ratio, and yield. The MER is 0.44%.
The portfolio consists of 102 positions in major companies. It’s more or less evenly balanced, with no stock representing more than 3% of total assets. The largest holding is luxury goods company LVMH (Louis Vuitton Moet Hennessy).
Hold
Fortis Inc. (TSX, NYSE: FTS)
Fortis is a leader in the North American regulated electric and gas utility industry, with 2024 revenue of $12 billion and total assets of $73 billion as of June 30, 2025. The corporation has 9,800 employees and serves utility customers in five Canadian provinces, ten US states, and three Caribbean countries.
Hold
BMO U.S. Dividend ETF (TSX: ZDY.U)
This ETF utilizes a rules-based methodology that considers the three-year dividend growth rate, yield, and payout ratio to choose securities. Although the fund trades on the Toronto Stock Exchange, it is priced in US dollars. Top holdings include Oracle, Broadcom, Apple, Johnson & Johnson, and AbbVie. The portfolio leans towards the tech sector, with 27.24% of the assets invested in information technology, and 18.38% in healthcare.
Sell
Canadian Utilities (TSX: CU, OTC: CDUAF)
Its operations include electricity generation, transmission, and distribution, and natural gas transmission, distribution, and infrastructure development. It also provides energy storage and industrial water solutions and has been heavily investing in green energy projects for over 20 years.