Investment Q&A

Q: I recently put together a spreadsheet that pulls together all of the Canadian equity holdings that my wife and I have in our registered and non-registered accounts.

This is what we have in the Oil & Gas Sector:

• the three majors SU, CVE and CNQ
• the three pipes TRP, PPL and ENB
• and an assortment of other companies TOU, WCP, ARX, ALA, TPZ, MDI, MER

I’d like to trim this back to 6-8 holdings and, as well, have more of a balanced profile. What would you recommend? And if there are different O&G stocks you’d sub in, please recommend as well.

Thanks.

Q: TRP’s share volume in NY was 108% above daily average volume today. Is this related to conversion of preferred shares to common? Share price has also declined for several months. Is TRC a good addition to a portfolio that is overly aggressive, and where the investor wants to add some securities to make things less uneven? What are TRP’s prospects vs. KMI and ET. Do you prefer either of KMI and ET over TRP (ignoring dividend tax credit) ?

Q: I am puzzled as to why the pipeline stocks have been dropping substantially over the last few days. I would have expected these companies to hold up quite well as they are basically a toll road for oil and gas with a good dividend. I considered pipeline stocks as a good defensive holding. What am I missing?

Q: Hi,
I've been very careful in the last year with stock market at all time high and I've been building a relatively high position in utilities in my portfolio and I am clearly overweight in utilities. I know that timing the market perfectly is impossible but at what point in time would you suggest to start unloading utilities? Do you think that there is still some upside in these names due the Tariffs and the associated panic in the market? If you had 3 companies to sell now in my list which companies would you unload first. Thank you!

Q: In my question of yesterday, you suggested a 2% weighting for TRP. Please provide some comments as to why you selected this weighting. ram

Q: FYI. Re question from Denise of Oct 11 regarding 1994 ACB election with CRA. My experience is that CRA has maintained details of these elections and can provide them.

Ian CPA C.A,

Q: I have all these stocks in my RIFF and they are all up since purchase. I have $75.00 in my RIFF, would you add a new stock, what would you suggest?
Thanks for your help.
Dorothy

Q: Hi,
Considering we a likely to see a continued increase in demand for Nat Gas given the number of LNG ports being brought online in the US, which would be your picks if looking to partake in what might be future gains and over what sort of period would you expect these potential gains to evolve?
Many thanks for all your insight!
Dawn

Q: Just wondering what happens if:
1) If one buys equal amounts of the same Canadian listed company on TSE and NYSE in their respective currencies.
2) After 1 year TSE price has not changed but US/CDN dollar rate has increased.
3) If US listed stock is sold would there be a capital loss?

Thanks,
Steve

Q: Hello - I am an income investor. My view has been to construct my portfolio with companies that pay growing dividends as a way to offset inflation. With BCE’s announcement of reduced expected dividend growth in the future I am considering shifting that portion of my portfolio somewhere else. Can you please provide the stated expected ranges of dividend growth (as a %) of these companies? Please take all the credits you wish. Thank you

Q: I am finally going to dump my AQN holdings and would like to redeploy capital to get similar dividend yield. I hold hold postions in all of the other stocks listed. How would you rank order them in terms of value/upside and are there any particular standouts which you would recommend for a buy now. Thanks

Q: Good morning,

My intention is to move some US $ from my US Non Registered account to my CDN $ Non Registered account through a journal transfer.

I just sold a US ETF and with the proceeds purchased TRP.US

Q1. Are the TRP.US dividends paid in US $ or CDN$?

Q2. Do the TRP.US dividends generated in the US Non Reg Acct qualify for the Canadian Dividend Tax Credit?

Q3. Can I simply call my TD Direct Investing broker to move TRP.US from my US Non Reg Acct to my CDN Non Reg acct?

Thank you and I'll await for your response to these three questions.

Q: Can you tell me how many times BNS and TRP have met or beat earnings expectations in the last dozen quarters please? Thanks

Q: 1. What will be the effect on TC Energy stock prices if Coastal Gaslink project price increases by a further $1.2B?
2. What will be the effects on TC Energy stock if TC is forced to reduce operating pressure on Keystone pipeline?

Q: I have owned ENB for 6 years / it continues to disappoint. Russ Healy was on BNN saying net overall asset value continues to drop in the last 5 year's and i agree with him as my performance is negative (down 6% in the last 5 years, (this is excluding the dividend . Kindly explain how you continue to recommend this stock as it clearly is a loser in value the dividend is its only advantage... would TRP not be a better risk return or even Fortis / one of the pipes for that matter Thanks for your help with this . Lastly what is your top 3 picks in the health care sector

Q: These are my current holdings and I am looking forward to 2023. They are held in relatively the same quantities in 5 different accounts, a RRIF, 2 TFSA's and 2 Non registered accounts. I am retired an enjoy the income. Do you see any issues with these holdings or have any suggestions looking forward. The only non dividend holding is AR.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.

Q: Hello 5i, what is your order of recommendation of purchasing the three stocks, and why, please? Thank you. Ron

Q: Hi,
I'm under the impression that the earnings from TRP were not too bad, yet today it has dropped considerably. Is this a case of 'sell on news', or is there something else that I should be aware of?

Thanks, as always, for your insight!

Dawn

Q: Hi,
I am low on energy and pipelines, as ENB.TO is my only holding in this sector. Most of the available cash I have on hand is in a US dollar RSP account, which I do not have to convert to a RIF for another 4 years. I've listed some stocks that have my attention, and wonder if it is reasonable to purchase now, as they're mostly at new 52 week highs, except OGS and VZ. Do you think these will still have room for further gains, or am I essentially too late and taking a risk these will roll over quickly as we inch closer to a US recession? Are there others you would prefer that aren't listed and any of the above that would be higher risk in this market environment? Take the appropriate points for the multiple questions. Thanks for you continued valuable insight!
Dawn

Q: I am considering increasing my investments in pipelines. I am looking at Enbridge but I have noticed over the last 3 weeks a number of analysts on BNN when questioned about Enbridge have indicated that although there is nothing wrong with Enbridge they consider that there at better opportunities in the sector - they seem to talking about Pembina & TC Energy. I would be interested to hear your thoughts. I know that your recent review of Enbridge was B+