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
tii2303 (February 9, 2023)
RRSP crunch… Three stocks for your retirement plan… Gordon Pape updates P&G… Your Questions: RRIF withdrawals… Housekeeping
tii2302 (January 27, 2023)
A topsy-turvy GIC market… Bonds rebound – but for how long?… What are we missing?… Richard Croft updates Power Corp., Manulife Financial… Gordon Pape updates Algonquin Power & Utilities… Gavin Graham updates Canadian Western Bank, Calian Group, Intact Financial, Brookfield Corporation… Your Questions: RRIF withdrawals
tii2301 (January 12, 2023)
RRIF trouble ahead… Gordon Pape updates Gibson Energy, Russel Metals, TransAlta Utilities, BCE… Your Questions: Worried about Firm Capital; Wants to invest a million in one stock… Members’ Corner: Dividends and yield
tii2224 (December 23, 2022)
Top dividend stocks of 2022… Canada looks attractive in 2023… Top Pick: Peyto Exploration & Development Corp… Gavin Graham updates Johnson & Johnson, iShares MSCI United Kingdom ETF, Richards Packaging, Watts Water Technology Gordon Pape’s ETF updates… Your Questions: Inflation-linked bonds… Reminder: Beat the price increase
tii2223 (December 8, 2022)
Yield illusion… Updates: Sun Life Financial, Enbridge, TC Energy, Exchange Income Corp… Your Questions: Purpose Longevity Fund, RBC preferred… Price increase
tii2222 (November 25, 2022)
What ails the clean energy sector?… Time to revisit bonds… This month’s Top Picks: BMO Short Corporate Bond Index ETF, iShares Core Canadian Short-Term Bond ETF… Richard Croft updates CIBC… Gordon Pape updates BMO Global Consumer Staples Hedged to CAD Index ETF
tii2221 (November 10, 2022)
Pipe dreams… Summit REIT taken over… Gordon Pape updates Coca-Cola, Proctor & Gamble… Your Questions: The right time to buy
Recent Updates
Corby Spirits and Wines (TSX: CSW.A)
Corby is the producer of the best-selling Canadian whisky J P Wiser’s as well as Lamb’s Navy Rum, Polar Ice vodka, and Ungava gin. Its purchase of 90% of Ace Beverage Group for $148.5 million in July 2023 gave it a strong position in the rapidly growing ready-to-drink (RTD) segment of hard sodas and premixed cocktails. Pernod Ricard, the international drinks group, which owns a majority stake in Corby, distributes its brands such as Absolut vodka, Ballantine and Chivas Regal whisky, Beefeater gin, and Malibu rum through Corby.
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.
Buy
Lundin Mining Corp. (TSX: LUN, OTC: LUNMF)
Lundin Mining is a Canadian/Swedish base-metals mining company. In the year ended Dec. 31, 2024, Lundin produced 369,000 tonnes of copper, 192,000 tonnes of zinc, and 158,000 oz. of gold, as well as 8,000 tonnes of nickel from the Eagle mine in Michigan. This generated revenues of $4.11 billion. Of that, $695 million was from its European zinc mining operations at Zinkgruvan in Sweden and Neves Corvo in Portugal. These were sold to Swedish mining group Boliden.
Buy
BMO Financial Group (TSX, NYSE: BMO)
Established in 1817, BMO Financial Group has more than 47,000 employees and provides a broad range of retail banking, wealth management, and investment banking products and services to more than 12 million customers. It conducts business through three operating groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The company also has a strong presence in the US Midwest through BMO Harris Bank and BMO Private Bank.
Buy
LyondellBasell Industries NV Class A (NYSE: LYB)
LyondellBasell produces polypropylene, which is used to make plastic car parts, packaging, and consumer products. It also produces ethylene and polyethylene. These are used in a wide variety of things from PVC pipes and plastic siding to medical devices and prosthetics.