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

tii2215 (August 11, 2022)

The 5% solution… Gordon Pape updates BMO Equal Weight Utilities Index ETF, The Coca-Cola Company… Gavin Graham updates Boralex… Your Questions: Russel Metals, Algonquin dividends… Pro’s Posts: Strip bond ETFs

tii2214 (July 28, 2022)

Bond angst… We’ll always need power (and much more)… Top Pick: AltaGas… Gordon Pape updates Brookfield Renewable Partners, Brookfield Infrastructure LP… Gavin Graham updates Diageo, Unilever, Fiera Capital, Boralex, Suncor… Members’ Corner: Interest rates

tii2213 (July 14, 2022)

High rates may not be “transitory”… This month’s Top Pick: Exchange Income Corp…. Gordon Pape updates NorthWest Healthcare Properties REIT, Dream Industrial REIT

tii2212 (June 30, 2022)

Energy sector pays off… The REIT stuff… Graham’s retail REIT updates: Choice Properties, CT, SmartCentres, Plaza Retail… Graham’s commercial/residential REIT updates: Allied Properties, Minto Apartment, Artis… Gordon Pape updates ConocoPhillips… Members’ Corner: Likes VRIF

tii2211 (June 16, 2022)

Pipelines prosper… This month’s Top Pick: CI Health Care Giants Covered Call ETF… Your Questions: Seeks a retirement fund; Wants an investment course

tii2210 (May 26, 2022)

Defensive positions… The correction blues… Richard Croft’s updates: CIBC, Manulife… Gordon Pape’s updates: Algonquin Power & Utilities, Summit Industrial Income REIT, Canoe EIT Income Fund, Valero Energy, Procter & Gamble… Your Questions: LIF dividend

tii2209 (May 12, 2022)

Balancing act… Bond dilemma… Gordon Pape updates North West Company, Coca-Cola… Your Questions: Slate Grocery REIT

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Recent Updates

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


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


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