Pessimism over Cenovus: Is it time to buy?

Is a pristine balance sheet a means to an end, or the end onto itself?It seems that many shareholders of Cenovus Energy Inc. felt the latter. Ever since the company announced its transformational deal to buy $17.7-billion worth of oil-sands assets from ConocoPhillips, the company's stockholders have headed for the exits. Thursday, Cenovus hit a 52week low of $12.41, down nearly 30 per cent from pre-deal prices.   Tuesday, May 23, 2017

Canada's debt levels are relatively healthy, but some provinces are in a worrying state

With budget season across Canada now over, it's a good time for a regular debt check-up for all governments.The prognosis: Canada's debt is still manageable, but we're in poorer health than a decade ago, and some of the provinces have flashing warning signs.   Wednesday, May 17, 2017

Whither the loonie? Depends who you ask

Which way will the loonie jump next? The market says down. Many of Bay Street's leading economists say up.The stark difference in opinion between investors and experts underlines a key truth about currency markets: Nobody knows anything for sure.   Wednesday, May 17, 2017

Wanting more than just dividend growth

When Dennis Mitchell is hunting for great dividend stocks, there's one factor he considers above all others.''We're looking for a history of growing that dividend,'' the senior portfolio manager with Sprott Asset Management says.   Wednesday, May 17, 2017