Investment Q&A

Q: Hello Peter,
With the recent announcement of the tax bill in the US where the withholding tax could increase to 50 percent from the current 15 percent, is this only for non registered and TFSA accounts? I am assuming the RRSPs are exempt as there is currently no withholding tax on RRSPs from US domiciled companies.. Thanks for your service.

Upvote 6

Read Answer Asked by umedali on May 27, 2025

• Garrett Motion Inc. (GTX)
  • P/E (TTM): 0.7X Cap: $152M
  • View GTX Profile
  • View Questions on GTX

Q: Can I get your take on this company.

Thanks

Upvote 1

Read Answer Asked by Scott on May 27, 2025

• Firm Capital Property Trust (FCD.UN $6.07)
  • $6.07 P/E (TTM): 12.41X Cap: $224M
  • View FCD.UN Profile
  • View Questions on FCD.UN
• Welltower Inc. (WELL $168.09)
  • $168.09 P/E (TTM): 95.15X Cap: $112.42B
  • View WELL Profile
  • View Questions on WELL
• CGI Inc. Class A Subordinate Voting Shares (GIB.A $128.67)
  • $128.67 P/E (TTM): 17.62X Cap: $29.73B
  • View GIB.A Profile
  • View Questions on GIB.A
  • View Reports on GIB.A
• Power Corporation of Canada Subordinate Voting Shares (POW $58.68)
  • $58.68 P/E (TTM): 13.66X Cap: $37.63B
  • View POW Profile
  • View Questions on POW
• Bird Construction Inc. (BDT $26.47)
  • $26.47 P/E (TTM): 14.63X Cap: $1.46B
  • View BDT Profile
  • View Questions on BDT
• Mainstreet Equity Corp. (MEQ $192.96)
  • $192.96 P/E (TTM): 7.38X Cap: $1.79B
  • View MEQ Profile
  • View Questions on MEQ
• TIM Participacoes S.A. American Depositary Shares (Each representing 5) (TSU $12.28)
  • $12.28 P/E (TTM): 2.6X Cap: $5.94B
  • View TSU Profile
  • View Questions on TSU
• Valhi Inc. (VHI $16.02)
  • $16.02 P/E (TTM): 4.76X Cap: $456M
  • View VHI Profile
  • View Questions on VHI
• TFI International Inc - Ordinary Shares (TFII $92.71)
  • $92.71 P/E (TTM): 21.47X Cap: $7.70B
  • View TFII Profile
  • View Questions on TFII
• Propel Holdings Inc. (PRL $32.58)
  • $32.58 P/E (TTM): 15.78X Cap: $1.27B
  • View PRL Profile
  • View Questions on PRL
  • View Reports on PRL

Q: I'm in need of cash. Please place these companies in order of which you would sell first. Thanks.

Upvote 10

Read Answer Asked by Frank on May 27, 2025

• Generation Mining Ltd - Ordinary Shares (GENM $0.40)
  • $0.40 Cap: $107M
  • View GENM Profile
  • View Questions on GENM

Q: Recently received their final construction permit. Shovel ready.

And today "Generation Announces Receipt of Support Letter for up to $200 Million from leading Financial Lender."

This is in addition to "other money" already on the table. Looks like this mine may be built.

What is your perspective

Thank you

Upvote 2

Read Answer Asked by JACK on May 27, 2025

• Alphabet Inc. (GOOG $239.56)
  • $239.56 P/E (TTM): 24.96X Cap: $2.89T
  • View GOOG Profile
  • View Questions on GOOG
• Intuitive Surgical Inc. (ISRG $449.98)
  • $449.98 P/E (TTM): 65.46X Cap: $167.60B
  • View ISRG Profile
  • View Questions on ISRG
• Booking Holdings Inc. (BKNG $5,474.81)
  • $5,474.81 P/E (TTM): 38.83X Cap: $177.43B
  • View BKNG Profile
  • View Questions on BKNG

Q: Which 5-6 companies look like good buys after the recent quarter and are in sectors the markets favor at this time? Thx

Upvote 18

Read Answer Asked by blake on May 27, 2025

• Walmart Inc. (WMT $100.41)
  • $100.41 P/E (TTM): 43.71X Cap: $800.55B
  • View WMT Profile
  • View Questions on WMT

Q: Is there a specific reason why Walmart dividend appears so erratic over the last few months? Two payments in May.

Upvote 3

Read Answer Asked by STANLEY on May 27, 2025

• American Express Company (AXP $323.35)
  • $323.35 P/E (TTM): 22.85X Cap: $225.01B
  • View AXP Profile
  • View Questions on AXP
• Wells Fargo & Company (WFC $80.30)
  • $80.30 P/E (TTM): 14.23X Cap: $257.23B
  • View WFC Profile
  • View Questions on WFC
• Canoe EIT Income Fund (EIT.UN $15.34)
  • $15.34 Cap: $2.43B
  • View EIT.UN Profile
  • View Questions on EIT.UN
• Hamilton Enhanced Canadian Covered Call ETF (HDIV $19.51)
  • $19.51 Cap: $816M
  • View HDIV Profile
  • View Questions on HDIV
• Evolve S&P/TSX 60 Enhanced Yield Fund (ETSX $22.59)
  • $22.59 P/E (TTM): 14.25X Cap: $67M
  • View ETSX Profile
  • View Questions on ETSX

Q: You recently answered a question about HDIV and ETSX. I currently own ETSX and have been happy with the income and growth it has generated. I am thinking of adding HDIV or EIT.UN.
Could I get your comments on EIT.UN as a comparison to the other 2 funds?
I am a retiree looking primarily for steady income with some growth.

Upvote 2

Read Answer Asked by Bruce on May 27, 2025

• Martin Marietta Materials Inc. (MLM $616.73)
  • $616.73 P/E (TTM): 35.22X Cap: $37.19B
  • View MLM Profile
  • View Questions on MLM
• WSP Global Inc. (WSP $283.35)
  • $283.35 P/E (TTM): 45.48X Cap: $36.98B
  • View WSP Profile
  • View Questions on WSP
  • View Reports on WSP
• Stantec Inc. (STN $151.21)
  • $151.21 P/E (TTM): 39.09X Cap: $17.24B
  • View STN Profile
  • View Questions on STN
  • View Reports on STN
• Brookfield Infrastructure Partners L.P. (BIP.UN $42.38)
  • $42.38 P/E (TTM): 1038.16X Cap: $19.50B
  • View BIP.UN Profile
  • View Questions on BIP.UN

Q: Good morning.
I’m considering adding bip.un to my income portfolio.
Could I have your thoughts on it.
Would this be a ok entry price.
Please provide a couple other stocks you would also consider comparable
Thanks Steve.

Upvote 3

Read Answer Asked by Stephen on May 27, 2025

• UnitedHealth Group Incorporated (DE) (UNH $346.78)
  • $346.78 P/E (TTM): 13.41X Cap: $315.10B
  • View UNH Profile
  • View Questions on UNH

Q: Stock has been hammered while reportedly May 19th CEO and CFO collectively buy ~$30 mln worth of stock.
Lots of problems, do you believe the company can recover from its Medicare Advantage woes?
Thanks for all your great work! Ted.

Upvote 5

Read Answer Asked by Ted on May 27, 2025

• Neo Performance Materials Inc. (NEO $17.13)
  • $17.13 Cap: $713M
  • View NEO Profile
  • View Questions on NEO
• Green Impact Partners Inc. (GIP $3.77)
  • $3.77 Cap: $81M
  • View GIP Profile
  • View Questions on GIP

Q: Hi looking at two small caps at the moment. What are your thoughts on the news of the conclusion of the strategic review for NEO and news put out today on GIP's sale of its water, waste and recycling facilities and lead equity partner agreement for the Future Energy Park? thanks

Upvote 1

Read Answer Asked by Bryan on May 26, 2025

Q: My question is on portfolio management, trimming rather than selling.

I'm hearing and feeling that some sectors and companies, or even countries like the US market, are a bit expensive, ahead of their skis, and might well be trimmed. I have done so for gold, for example.

I would like your opinion. Even if you don't agree with the premise, what areas would you trim on that basis.

Lastly, can you suggest some areas that do not fit that premise and are under-valued. I think this of oil and gas, for example.

I'd be grateful for a detailed answer on this and would be happy to spend a few points for it, as you see fit.

Thanks, as always, for your wisdom.

Upvote 19

Read Answer Asked by Kevin on May 26, 2025

• RB Global Inc. (RBA $161.17)
  • $161.17 P/E (TTM): 57.07X Cap: $30.08B
  • View RBA Profile
  • View Questions on RBA
• Copart Inc. (CPRT $48.52)
  • $48.52 P/E (TTM): 31.62X Cap: $46.91B
  • View CPRT Profile
  • View Questions on CPRT

Q: Copart is down 15 % in the last 5 days.
Why is it down so much?
Would you view this as a buying opportunity?
Would is your opinion of this company as a long term hold? How does it compare to RBA?

Upvote 3

Read Answer Asked by Schoombee on May 26, 2025

• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (CAD-hedged) (VEF $63.78)
  • $63.78 P/E (TTM): 1.01X Cap: $894M
  • View VEF Profile
  • View Questions on VEF
• Vanguard FTSE Developed Europe All Cap Index ETF (VE $42.25)
  • $42.25 P/E (TTM): 33.38X Cap: $415M
  • View VE Profile
  • View Questions on VE
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE $44.10)
  • $44.10 Cap: $2.85B
  • View VEE Profile
  • View Questions on VEE

Q: I listened to a CIBC webcast today outlining the fact international equities were cheaper then US and possibly Canadian equities based on P/E ratios and are expected to outperform US and possibly Canadian equities in the near term. Interesting sectors discussed were international infrastructure companies, defense, e-commerce and semi-conductors. Could you provide a few Canadian ETF's that would provide exposure to these themes and list you favourite?
Thanks
Jeff

Upvote 12

Read Answer Asked by JEFF on May 26, 2025

• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $41.02)
  • $41.02 P/E (TTM): 0.79X Cap: $6.62B
  • View VIU Profile
  • View Questions on VIU
• Vanguard Total International Stock (VXUS $72.51)
  • $72.51 P/E (TTM): 1.35X Cap: $96.95B
  • View VXUS Profile
  • View Questions on VXUS

Q: Is viu a “derivative” of vxus? Total overlap?

Upvote 3

Read Answer Asked by William Ross on May 26, 2025

• ATS Corporation (ATS $37.09)
  • $37.09 Cap: $3.62B
  • View ATS Profile
  • View Questions on ATS
  • View Reports on ATS

Q: What is happened at ATS it is up almost 16% this morning?

Thanks
David

Upvote 5

Read Answer Asked by David on May 26, 2025

• Heliostar Metals Ltd. (HSTR $1.67)
  • $1.67 P/E (TTM): 11.84X Cap: $419M
  • View HSTR Profile
  • View Questions on HSTR

Q: What do you think about this company for a speculative, higher potential risk/higher reward investment?

Upvote 1

Read Answer Asked by Alfred on May 26, 2025

• Eli Lilly and Company (LLY $754.62)
  • $754.62 P/E (TTM): 60.1X Cap: $714.21B
  • View LLY Profile
  • View Questions on LLY
• Pfizer Inc. (PFE $24.57)
  • $24.57 P/E (TTM): 17.79X Cap: $139.69B
  • View PFE Profile
  • View Questions on PFE

Q: I have a hard time evaluating biopharmaceutical firms save via technical analysis. Given that Structure Therapeutics is so "new", I am finding even this method difficult to rely on. What is your opinion of GPCR's prospects?

Upvote 1

Read Answer Asked by David on May 26, 2025

Q: CQLI Here is one I can not find much information that I am hoping you can shed some light on. The chart look good and the yield is over 20%. Looking for niche areas for a mid term places to place some cash with good returns until the clouds clear a bit.

Upvote 1

Read Answer Asked by Robert on May 26, 2025

Q: How serious do you feel the aggregate global debt situation is? I have read that the total is now well over $300 trillion USD. Government and consumer spending seems somewhat out of control in much of the world. Let's put it this way -if the Earth was part of an interplanetary federation, would the aliens' financial authorities think we are heading towards bankruptcy?

Upvote 13

Read Answer Asked by Dan on May 26, 2025

• JPMorgan Chase & Co. (JPM $300.54)
  • $300.54 P/E (TTM): 14.37X Cap: $826.41B
  • View JPM Profile
  • View Questions on JPM
• Altria Group Inc. (MO $66.23)
  • $66.23 P/E (TTM): 12.73X Cap: $111.25B
  • View MO Profile
  • View Questions on MO
• Procter & Gamble Company (The) (PG $157.35)
  • $157.35 P/E (TTM): 25.24X Cap: $368.57B
  • View PG Profile
  • View Questions on PG
• Prudential Financial Inc. (PRU $105.67)
  • $105.67 P/E (TTM): 23.31X Cap: $37.19B
  • View PRU Profile
  • View Questions on PRU
• Williams Companies Inc. (The) (WMB $58.76)
  • $58.76 P/E (TTM): 28.71X Cap: $71.75B
  • View WMB Profile
  • View Questions on WMB
• Enbridge Inc. (ENB $67.35)
  • $67.35 P/E (TTM): 23.46X Cap: $146.88B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Fortis Inc. (FTS $67.90)
  • $67.90 P/E (TTM): 19.88X Cap: $34.19B
  • View FTS Profile
  • View Questions on FTS
• Pembina Pipeline Corporation (PPL $53.69)
  • $53.69 P/E (TTM): 17.74X Cap: $30.84B
  • View PPL Profile
  • View Questions on PPL
• Propel Holdings Inc. (PRL $32.58)
  • $32.58 P/E (TTM): 15.78X Cap: $1.27B
  • View PRL Profile
  • View Questions on PRL
  • View Reports on PRL
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $77.17)
  • $77.17 P/E (TTM): 38.81X Cap: $124.48B
  • View BAM Profile
  • View Questions on BAM

Q: What are your top suggestions for the best positioned Canadian and US dividend paying stocks where dividend is safe and where the stocks have some potential for growth? Thank you.

Upvote 26

Read Answer Asked by Luc on May 26, 2025