S&P/TSX 60 Index

Canadian Life Companies Split Corp. Preferred Dividend Declared

Retrieved on: 
Wednesday, November 18, 2020
Power Corporation of Canada, Companies of Canada, Companies, Service companies, S&P/TSX 60 Index, Manulife, Canada Life, Great-West Lifeco, IA Financial Group

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).

Key Points: 
  • TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).
  • Distributions are payable December 10, 2020 to shareholders on record as at November 30, 2020.
  • Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $9.09 per share inclusive of this distribution, for a combined total of $16.54 per unit.
  • The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Dividend 15 Split Corp.: Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Wednesday, November 18, 2020
Financial markets, Finance, Corporate finance, Equity securities, Stock market, S&P/TSX 60 Index, Dividends, Manulife, Preferred stock, Share, TransAlta, Telus Corporation

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).

Key Points: 
  • TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).
  • Distributions are payable December 10, 2020 to shareholders on record as at November 30, 2020.
  • Since inception Class A shareholders have received a total of $23.10 per share and Preferred shareholders have received a total of $8.80 per share inclusive of this distribution, for a combined total of $31.90.
  • Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

Suncor Energy announces Jean Paul Gladu to join Board of Directors

Retrieved on: 
Tuesday, November 17, 2020
S&P/TSX 60 Index, Suncor Energy, Sunoco LP, Calgary, Companies, Economy of Canada

CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Suncor today announced the appointment of Jean Paul (JP) Gladu to the companys Board of Directors.

Key Points: 
  • CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Suncor today announced the appointment of Jean Paul (JP) Gladu to the companys Board of Directors.
  • Im pleased that JP is joining Suncors Board of Directors, said Board Chair Michael Wilson.
  • JP Gladu is currently the President of A2A Rail and serves on the Board of Noront Resources.
  • For more information about Suncor, visit our website at suncor.com or follow us on Twitter @Suncor

Brookfield Asset Management Announces Pricing of US$200 Million Note Offering

Retrieved on: 
Tuesday, November 17, 2020
Economy of Toronto, Economy of Canada, Companies, Brookfield Asset Management, S&P/TSX 60 Index, Brookfield, Brookfield Renewable Partners, Brookfield Property Partners

BROOKFIELD, NEWS, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced that it has priced a public offering of $200 million aggregate principal amount of fixed rate perpetual subordinated notes (the notes).

Key Points: 
  • BROOKFIELD, NEWS, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced that it has priced a public offering of $200 million aggregate principal amount of fixed rate perpetual subordinated notes (the notes).
  • Before you invest, you should read these documents and other public filings by Brookfield for more complete information about Brookfield and this offering.
  • Brookfield Asset Management is a leading global alternative asset manager with approximately US$575billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbols BAM and BAM.A, respectively.

Gold Stocks Remain the Safest Bet With Widespread Vaccine Still Months Away

Retrieved on: 
Tuesday, November 17, 2020
S&P/TSX 60 Index, ABX, Kirkland Lake Gold, New York Stock Exchange, Companies, Stock exchanges, New York City

The dip in gold prices hasn't had a detrimental effect on gold stocks, with producerBarrick Gold (TSX:ABX) (NYSE:GOLD) recently beating earnings per share (EPS) estimates by 48%.

Key Points: 
  • The dip in gold prices hasn't had a detrimental effect on gold stocks, with producerBarrick Gold (TSX:ABX) (NYSE:GOLD) recently beating earnings per share (EPS) estimates by 48%.
  • Kirkland Lake Gold (TSX:KL) (NYSE:KL) also posted strong earnings for Q3 2020 and is ramping up its exploration efforts.
  • GoldON'simmediate focus is on its flagship West Madsen Project, which is quite literally surrounded by recent high-grade gold discoveries.
  • What's more, a widespread solution is still months and months away, meaning things will likely get worse before they get better.

Gold Stocks Remain the Safest Bet With Widespread Vaccine Still Months Away

Retrieved on: 
Tuesday, November 17, 2020
S&P/TSX 60 Index, ABX, Kirkland Lake Gold, New York Stock Exchange, Companies, Stock exchanges, New York City

The dip in gold prices hasn't had a detrimental effect on gold stocks, with producerBarrick Gold (TSX:ABX) (NYSE:GOLD) recently beating earnings per share (EPS) estimates by 48%.

Key Points: 
  • The dip in gold prices hasn't had a detrimental effect on gold stocks, with producerBarrick Gold (TSX:ABX) (NYSE:GOLD) recently beating earnings per share (EPS) estimates by 48%.
  • Kirkland Lake Gold (TSX:KL) (NYSE:KL) also posted strong earnings for Q3 2020 and is ramping up its exploration efforts.
  • GoldON'simmediate focus is on its flagship West Madsen Project, which is quite literally surrounded by recent high-grade gold discoveries.
  • What's more, a widespread solution is still months and months away, meaning things will likely get worse before they get better.

Manulife enhances benefits in North America to support well-being of employees and their families

Retrieved on: 
Tuesday, November 17, 2020
Manulife, S&P/TSX 60 Index, Companies, Mental health, Economy of Canada

In line with the company's strong commitment to diversity, equity and inclusion, this portfolio of benefits is designed to provide support for families of all forms.

Key Points: 
  • In line with the company's strong commitment to diversity, equity and inclusion, this portfolio of benefits is designed to provide support for families of all forms.
  • Since then, Manulife has removed financial barriers for employees in the U.S. to access mental health support by covering out-of-pocket costs for behavioural health and substance addiction.
  • Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better.
  • We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

TC Energy to highlight sustainable long-term growth at virtual Investor Day

Retrieved on: 
Tuesday, November 17, 2020
S&P/TSX 60 Index, TC Energy, TC, Energy development, Companies of Canada, Economy of Canada, Companies

CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day in a virtual format today.

Key Points: 
  • CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day in a virtual format today.
  • Looking forward, TC Energy is well positioned to capture significant additional growth opportunities that are expected to arise as the world both consumes more energy and transitions to a less carbon intensive energy mix.
  • Our network of critical energy infrastructure will be used extensively for decades to come and continue to generate significant in-corridor growth potential.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook.

TC Energy and Natural Law Energy sign definitive agreement

Retrieved on: 
Tuesday, November 17, 2020
Pipelines in Canada, S&P/TSX 60 Index, TC Energy, Keystone Pipeline, Companies of Canada, Economy of Canada

CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Media Advisory TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.

Key Points: 
  • CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Media Advisory TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.
  • Natural Law Energy has used the same blueprint our ancestors used when they negotiated the Treaties that governed working together to share the land, said Travis Meguinis, CEO of Natural Law Energy.
  • Today, were pleased to announce that NLEs definitive agreement is one of the largest ever with over $1 billion deal for First Nations.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook.

Pembina Pipeline Corporation Announces Conversion Results for Series 9 Preferred Shares

Retrieved on: 
Tuesday, November 17, 2020
Financial markets, S&P/TSX 60 Index, Petroleum industry, Finance, Pembina Pipeline, Preferred stock, Pembina, Toronto Stock Exchange, Midstream

CALGARY,AB, Nov. 17, 2020 /PRNewswire/ --Pembina Pipeline Corporation("Pembina") (TSX: PPL) (NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9 ("Series 9 Shares")(TSX: PPL.PR.I) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 10 of Pembina ("Series 10 Shares") onDecember 1, 2020.

Key Points: 
  • CALGARY,AB, Nov. 17, 2020 /PRNewswire/ --Pembina Pipeline Corporation("Pembina") (TSX: PPL) (NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9 ("Series 9 Shares")(TSX: PPL.PR.I) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 10 of Pembina ("Series 10 Shares") onDecember 1, 2020.
  • After taking into account all the conversion notices received from holders of its outstanding Series 9 Shares by the November 16, 2020 deadline for the conversion of the Series 9 Shares into Series 10 Shares, less than the 1,000,000 Series 9 Shares required to give effect to conversions into Series 10 Shares were tendered for conversion.
  • Calgary-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry for more than 65 years.
  • Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.