Investment Q&A

Q: Please rank these equities in order of preference for a combination of income and capital growth in a taxable account. Thanks!

Q: What are your analysis of the results published yesterday? The market seams to have liked them (+3.56%) but I fail to see what is the big hoopla on what appears to me simply ok results.

Q: I have no utilities in my RRSP portfolio at this time. What are you preferred utilities in order of preference to buy now for total return (dividend and potential growth)? Any preferences among these that I'm thinking about being Fortis (FTS.TO / FTS), Emera (EMA.TO), Brookfield Infrastructure (BIPC.TO), Brookfield Renewable (BEPC.TO)?

Q: I have RRSP, TFSA and NREG accounts. I'm looking to buy Brookfield Infrastructure Corp in each. Is there a difference between BIP versus BIPC and does it matter which I hold in each of those three accounts?

Q: I would like to know if there are other Canadian companies that trade in Canada that could be considered similar to BIPC in the infrastructure space, i.e., investing in public services that generate recurring revenue? Thank you for your service. Bill

Q: Hi 5i,

Currently I have full positions in BN and BAM. With a goal of increasing income would you add a new position in BIPC or BEPC?

Thank you!

Q: BIPC took a huge drop on Wenesday while BIP.UN dropped very little. Do you have an explanation? Thank You.

Q: Hi Folks,
I have the above Utility companies in various accounts. I am looking to add 1 more to my TFSA ( currently have EMA ) and 1 more to my wife's TFSA ( currently has BEPC ) - can you suggest which one you would recommend that I add to each TFSA, either from the above OR something new.
Thanks

Q: Do you know the reason that BIPC and BIP.un have been heading in different directions since the beginning of February. I thought that they were supposed to mimic each other. I own BIP.un for the yield in a tax sheltered account but maybe I should switch. Your thoughts would be appreciated.
Ian

Q: Looks like you can get everything in this 1 stock. Utilities, Railways, toll roads, pipelines, data centres, ports, communication towers and so on.
How would you value this for a long time purchase, i definitely want to avoid another AQN.
I have their debt to cashflow at around 4.6 x ( net debt 4.16 B ) ( Cash from OP 0.893B)
In your deep dive do you see any alarm bells ? and at what price would you see it as attractive?
Thanks Gord

Q: Year-end results were published this morning. FFO was up substantially which Net Earnings were down considerably. Would you provide your Comments on this and how these results should be interpreted?

Also, would you please explain what the differences are between these two companies & why there is not just one stock?

Thank you.

Q: In order, what are your top 4 Canadian utility holdings for growth, moderate risk and dividends >3%? Five-year time frame. Thank you.

Q: Hello All,

Is it possible to rank my list of utility companies sorting via most financially vulnerable therefore most likely to underperform because of the increased cost of financing. i.e worst to best please.

Is that a blunt but reasonable filter?

Could it be that the "worst" companies have been so badly beaten up that they may be worth adding to for the long haul?


Many thanks

Q: I must progressively restructurate a non-registrated portfolio, recovered in early 2022 for self-managing... Here are the percentage of each stock vs all portfolio, and also indications (+/-) if they are at a profit or at a loss on paper. stocks at profit are: BIP.UN (8% of portfolio), CM 5%, DIR. UN 3%, BIPC 1%, BCE 5%, ENB 2%, SGR.UN 1,5%. Stocks at a loss are: BN.PF.D (5% pf portfolio), TRP 1.5%, VET 1.2%.
My objectives are in order: stability, dividends, and some growth if possible.
Some stocks represent a probably too high percentage of the portfolio, I would not sell them “only to rebalance the portfolio” if they are still safe (to avoid non necessary capital gain tax), but I shall sell if they represent a risk. On the other hand, I would not sell stocks with a loss if they respond to my objectives.
I have already balanced a good part of this portfolio with ETF and a selection of stable dividend stocks. Those are the remaining stocks from the original portfolio..
Please give me suggestions for each stock according to objectives as : keep, sell, or sell partly. All of your comments are always greatly appreciated.

Q: I am a 76 year old income investor. 3% of my portfolio is held in BIP, BIPC and BEP. I just sold my CU for my RRIF withdrawal. I now have about $40,000 with which to invest in our TFSA accounts. Analytics shows I need 5% more of healthcare, industrials and technology. I am thinking of adding BIPC.TO. and/or CPX to replace the CU. Please provide other income ideas.
Thank you
Stanley

Q: BEPC is down 18.54% and BIPC is down only 7.73% over the past year. This is quite a difference given that they are both utilities. Can you tell me the difference between them in terms of what they invest in, safety, and expected growth? If you were to add to one, which one would it be, if any?
thanks

Q: The spread in price between BIPC and BIP.UN has continued to widen to over 30% now. Do you think it is likely that Brookfield will convert more BIP.UN shares to BIPC at some point? It seems like this would be in their best interests if there is not tax or other issues preventing it from happening.

Q: I hold shares in BN, BAM, BIPC and BEPC. I am now underwater with BIPC, which I have held for its generous dividend. Given BN seems to be struggling even more than BIPC for shareholder love, would you suggest selling BIPC for a small tax loss and replacing it with BN? Looking for a 3% dividend with some growth. Thank you.

Q: What are your thoughts on BIPC as a long term hold? It fits my portfolio and what about adding more? For whatever reason, Brookfield in general is not getting much love. Should we be concerned, in your estimation?

Thanks

Q: 11:23 AM 12/13/2022
It seems that the Brookfields are nothing but trouble from a taxable perspective and the new withholding tax may make it worse. The brokers will naturally take the withholding tax and it will be a fight to try to claim it back.

My question however is about the exchangeability of BEP.UN and BIP.UN into BEPC and BIPC. Can these exchanges still be made?

If I get my broker to do the exchanges does this become a taxable capital gains event? If so it is prohibitive for us as we have huge capital gains in both BEP.UN and BIP.UN which would prohibit the exchange.

Any suggestions on what to do?

Thank you......... Paul W. K.