Today's event is BBD.B-T. The biggest story is that they are a money pit, taking tax dollars over the long term. Governments just keep throwing money at it over and over. With all the money put into it, where did all the money go and what did tax payers get for it. Their turbo prop is being sold. You have business jets, part of the 'C' series and the transportation business. Every business they are in is political and they just keep bringing the revenue in. This is a trading stock and not an investing stock. The street opinion on this stock is to outperform/buy and nobody ever changes their opinion.

This is a company that had its day. They moved from dollar to two and three and now it is hard to find things for a dollar. At the same time their wage rates have gone up quite a bit. Their consumer is becoming savvier on-line and they don’t have an online product. They have to do something about this business model.

He does not own ETFs but he owns regional banks and likes the industry very much. See his Top Picks today. Interest rates are going up for sure in the US. The yield curve is flat in the US but showing signs of steepening, which is positive for them. He would buy this one if you are into ETFs.

He sold in the last couple of weeks. They are mostly gas and some liquids. The price they are getting has been moving up but it will take time for the infrastructure to get in place for them to get a decent price. Long term LNG projects will be good for them.

He is quite happy to own this one. CNR-T is more inter-modal and has more US presence, whereas CP-T is more commodity based and is more east-west.

b He bought a few months ago but has very little exposure to commodities. You want to own when base commodities for a company are doing well, which they are. This one is outperforming the Toronto market. It is a good one for an RESP. But keep in mind that these stocks are to be traded.

He was watching until recently. It has not been a winner this year. Their biggest cost is fuel, and oil went up. AMZN-Q is developing their own transportation infrastructure so competing with them. He is just going to watch it for now.