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
tii2116 (August 27, 2021)
RRIF Portfolio doing well… REIT Roundup… Gavin Graham’s REIT updates: Choice, Crombie, SmartCentres, Plaza, Slate, Allied, Minto… Gordon Pape’s update: Pembina Pipeline… Your questions: US investing
tii2115 (August 12, 2021)
Bank ETFs… This month’s Top Pick: RBNK… Gordon Pape updates Pembina Pipeline, Harvest Brand Leaders Plus Income ETF, CI First Asset Tech Giants Covered Call ETF… Your Questions: Firm Capital… Members’ Corner: Reaching for yield
tii2114 (July 29, 2021)
Small company, big profit… In praise of dividends… This month’s Top Picks: Manulife, Power Corp…. Richard Croft’s updates: CIBC… Gavin Graham’s updates: Brookfield Asset Management, Capital Power, Leon’s Furniture… Gordon Pape’s updates: The Northwest Company, Coca-Cola, Fortis
tii2113 (July 8, 2021)
Reaching for yield… Gordon Pape updates Keyera Corp., TC Energy, Innergex Renewable Energy… Your Questions: Bank ETFs
tii2112 (June 24, 2021)
Pipeline battles… A case for preferred shares… Finding the right preferred… This month’s Top Pick: Westcoast Energy preferred W.PR.M… Paul Bamford’s updates: Canadian Utilities preferred CU.PR.I… Gordon Pape’s updates: NorthWest Healthcare Properties REIT, Dream Industrial REIT… Members’ Corner: Convertible Bond ETFs… Ryan Irvine’s summer webinars
tii2111 (June 10, 2021)
Return to normality… Gavin Graham updates Scotiabank, Canadian Western Bank… Gordon Pape updates BMO Covered Call Dow Jones ETF… Correction: Pizza Pizza
tii2110 (May 27, 2021)
Green energy hits bear market… There’s value in streaming… This month’s Top Pick: Anglo Pacific Group… Gavin Graham’s updates: AirBoss of America, Boralex, Corby Spirits and Wines, Fiera Capital, Pizza Pizza Royalty Corp…. Gordon Pape’s ETF updates: Horizons HEP, CI First Asset CGXF, Vanguard VBU, Horizons HALRoyalty Corp…. Members’ Corner: Foreign dividends
Recent Updates
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
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
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.