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
tii2402 (January 25, 2024)
Should you invest in Yield Shares ETFs?… Richard Croft updates Manulife Financial… Gordon Pape updates Enbridge, Firm Capital, Mullen Group, Innergex Renewable Energy… Gavin Graham updates Definity Financial, Peyto Development and Exploration, Capital Power… Your Questions: Wants US cash flow
tii2401 (January 11, 2024)
Bond rally stalls… Low risk ways to build your TFSA… Top Pick: BMO Aggregate Bond Index ETF… Gordon Pape updates XBB… Gavin Graham updates Slate Grocery REIT
tii2324 (December 21, 2023)
Two little words… Lower rates will benefit banks… Top Pick: National Bank… Gavin Graham updates Scotiabank, Canadian Western Bank… Perpetual preferred shares remain timely… Gordon Pape updates Brookfield Infrastructure Partners, Brookfield Renewable Partners… Your Questions: Advisor wants to change asset allocation… Price increase – final reminder
tii2323 (December 7, 2023)
Return of the bond bull… This month’s Top Pick: iShares Core Canadian Long Term Bond Index ETF… Gordon Pape’s updates: Canadian Utilities, NorthWest Healthcare Properties REIT, Vanguard US Aggregate Bond Index ETF… Your Questions: What’s in store for this T-bill fund?
tii2322 (November 23, 2023)
How safe are high interest ETFs?… Cue the music: The return/yield two-step… Richard Croft updates Power Corp., CIBC… Pipelines pay off… Gordon Pape’s ETF updates: iShares 0-5 Years TIPS Bond Index ETF, Harvest Brand Leaders Plus Income ETF… Price increase
tii2321 (November 9, 2023)
Double threats… Gordon Pape updates Pembina Pipeline, Fortis Inc… Gavin Graham updates Brookfield Corp…. Your Questions: Investing in HISA ETFs
tii2320 (October 26, 2023)
Dividend bargains… This month’s Top Pick: Organon & Co… Rough times for Balanced Portfolio… Gavin Graham updates Stella-Jones, Boralex, Corby… Gordon Pape updates Mullen Group
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.