April 17, 2019 - BNS
New! Bank of Nova Scotia, Q1-2019 Earnings & Price Target Update .....
April 17, 2019 - RY
New! Royal Bank of Canada - Q1-2019 Earnings, Price Target Update .....
April 16, 2019 - TD
New! TD Bank - Q1-2019 Earnings, Price Target Update .....
April 14, 2019 - HR.UN
H&R REIT - 2018 Earnings & Price Target Update .....
April 13, 2019 - AX.UN
Artis REIT - 2018 Earnings, Price Target Forecast .....
April 11, 2019 - TA
Transalta Corporation - 2018 Earnings, Brookfield Offer .....
April 9, 2019 - RNW
Transalta Renewables Inc. - 2018 Earnings & Price Target Forecast .....
April 7, 2019 - INE
Innergex Renewable Energy 2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, PEGI, NPI, NFI, ALA, more...

Monetary Policy About Face - Earnings: POW, GWO, MLF, SLF, NPI

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The outlook for interest rates has changed considerably since the beginning of year, from for sure going higher to now heading lower.

This is in line with my expectations, except the extent and pace of the decline is larger and happening faster than anticipated. This is proving dizzying for markets, sensing the flight to the safety of bonds means the economy is weakening. Comments this week explain why rates have fallen further and faster than was forecast and how yield focused investors stand to gain from this.

Earnings reports this week include Power Corporation of Canada POW), Great-West Lifeco Inc.(GWO), Sun Life Inc. (SLF), Manulife (MFC) and Northland Power Corp. (NPI). With the exception of Northland Power Inc., the other four names are primarily in the insurance and investment management business. Revenue sources are from the sale of insurance and investment products and from investing funds held in reserves pending possible claims. Unlike the banks, who rely on earning a spread between deposit interest rates and lending rates, insurance companies with their substantial reserves invested in markets stand to do well when interest rates are low. They function as a no fee ETF with investment management services tossed in.

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New Issues & Acquisition
April 18, 2019
New! Surge Energy Inc 6.75% Convertible Debenture New Issue
April 12, 2019
New! Coverage Universe - Weekly Price Changes - Apr. 5-12, 2019
April 8, 2019
Bank of Montreal 5.1% Rate Reset Preferred Share New Isssue
April 5, 2019
Coverage Universe - Weekly Price Changes - Mar 29-Apr 5, 2019
March 29, 2019
Coverage Universe - Weekly Price Changes - Mar 22-29, 2019
March 28, 2019
Element Financial Corp. 4.25% Convertible Debenture New Issue
March 22, 2019
Coverage Universe - Weekly Price Changes - Mar 15-22, 2019
March 21, 2019
Atrium Mortgage Investment Corporation - New Convertible Debenture