Stock price when the opinion was issued
An ETF to buy? There are so many ETFs, so it depends what you're looking for. XIU offers growth and income for retirees. This is a core holding for any investors. There's also a BMO utilities ETF offering a yield and upside. Also, a Canadian bank ETF from any vendor will give you income and growth, like ZWB-T. An ETF reduces volatility vs. owning individual stocks.
It is a play on the broad Canadian large cap market. There is no dividend. We have lagged the US in the Canadian market and should play some catch up. We could go up or the US could come down. You can buy it and hold it for 10 years for diversification.