Thinking About Moving To Canada? Think Again

[View in browser]( BROUGHT TO YOU BY: Proprietary Data Insights Top Canadian ETF Searches This Month Rank Name Searches #1 iShares MSCI Canada ETF 770 #2 JPMorgan BetaBuilders Canada ETF 97 #3 Franklin FTSE Canada ETF 63 #4 iShares Currency Hedged MSCI Canada ETF 9 #ad [A Coming Collapse? The fallout WILL be brutal]( Schadenfreude Schadenfreude: The pleasure we feel when we see others suffer. Get ready to feel good! Because if misery does love company, the economic and personal financial pain Canadians are feeling might ease the brunt of the copious amounts of bad news stateside. We’ll get to Canada’s scary data, but first potentially good news from north of the border for US investors. A Well-Positioned ETF To Consider Source: [Google Finance]( In our proprietary Trackstar database of the tickers investors are searching for, the iShares MSCI Canada ETF (EWC) ranks #1 by a wide margin. Year to date, EWC has significantly outperformed the S&P 500 (SPY) and Nasdaq 100 (QQQ) indices. Maybe a small surprise, but hardly shocking given the fund’s concentration: - Financial energy, materials, and industrial stocks comprise more than 75% of EWC’s portfolio. The present economic environment - high inflation, rising interest rates, possible recession - draws investors to these sectors. As you’ll see, Canada is hardly immune to these pressures. And it just so happens that some of the country’s biggest companies run in the aforementioned spaces. Behold EWC’s top five holdings and how they’ve fared over the last year. Source: [Google Finance]( Those five stocks - Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Canadian National Railway (CNI), Enbridge (ENB), and Bank of Nova Scotia (BNS) - account for roughly 27% of EWC’s holdings. All five names have held up relatively, if not remarkably well over the last year. There’s even some green there. In this market, that’s an accomplishment in and of itself. You can buy all five stocks - individually - on the New York Stock Exchange, using the tickers listed here. Just an idea to consider if you’re looking to diversify your portfolio amid this turbulence. Too add more sweetness to the pot before you embark on further due diligence. Pretty much across the board, these five Canadian stocks pay impressive dividends. The Juice thinks the high yields you see here aren’t [yield traps](, rather they’re a reflection of low and attractive valuations: - RY: p/e ratio, 11; dividend yield, 4.1% - TD: p/e ratio, 10.5; dividend yield, 4.3% - CNI: p/e ratio, 22; dividend yield, 2% - ENB: p/e ratio, 19, dividend yield, 6.3% - BNS: p/e ratio, 9, dividend yield, 5.5% Quick note: Canada slaps a 15% tax on dividends paid to US investors. However, they’ll waive it if they’re paid out inside retirement accounts. Plus, you’ll receive all of the tax benefits the IRS bestows on investment proceeds held in a retirement account. You’re best off hitting up your tax person to cover the ins and outs of taxes as they pertain to international investing and your specific situation. Anyhow… If you crave more information on Canadian stocks, [subscribe - for free - to our sister newsletter, The Bacon](. Each day, The Bacon curates news and insights for Canadian investors from our 100+ financial media partners and delivers them to your inbox in a neat and polite little package. Now, for some Schadenfreude, scroll with us. [Brought to you by InvestorPlace Media]( [A Coming Collapse? The fallout WILL be brutal]( It doesn’t matter how much money you have in your 401k or IRA, you need to listen to Louis Navlier's forecast. ...And no, he’s not predicting a stock market crash, recession or a currency collapse. It’s got nothing to do with inflation, either. A powerful force is driving a wedge between the haves and the have-nots. Click here for key steps every American should take right now - you’ll be ahead of everyone else struggling to understand what is really going on. Cash Holders STILL Aren’t Taking Steps to Prepare. What is coming next will be different than anything before. [Click here now.]( Oh Canada! Thinking About Moving To Canada? Think Again Key Takeaways: - Home ownership is just as out of reach for Canadians as it is Americans. - It’s also more expensive than ever to rent an apartment. - Combine housing woes with high inflation and Canadians have big concerns over their financial futures. Brace yourself. The data out of Canada - no matter where you look - is about as bad, if not worse, than it is in the US. Housing - The benchmark home price in Canada, as of May, is CA$822,900. That’s equal to US$638,635. - So the typical home in Canada costs 42% more than it does in the US, where the median hit US$449,000 in May. - The going rate for a 5-year, fixed mortgage - standard in Canada - is right around 5%. At the end of 5 years, you negotiate new terms. In the US, at the moment you’ll pay about 5.85% on a 30-year mortgage. Renting - The typical two-bedroom apartment in Vancouver goes for $3,495. - It’s not much better in Toronto, at about $3,000. - These rents are up 24% and 21%, respectively, year-over-year. - Almost half of Canadians say they’ll have to rent indefinitely. - 64% don’t think they’ll ever be able to become homeowners unless they receive financial help from family or another source. - 17% don’t think they’ll ever own a home, period. Retirement - 55% of our Canadian friends say they’re concerned about having enough cash to survive in retirement. - 62% of Canadians, 55 and older, delayed retirement because they’re short on funds. - 63% worry they’ll never retire. With Canada’s inflation rate up 7.7 year-over-year - the steepest move since 1983 - this pessimistic data makes sense. And, actually, it doesn’t make us feel any better. The Bottom Line: From a personal finance perspective, it can help to step out of the bubble. Things are almost as bad, just as bad, or even worse in other parts of the world. Especially in nearby Canada. However, if you’re an investor with cash to spare, it might make sense to look north, particularly to stocks in relatively resilient sectors that have outperformed and continue to pay meaningful dividends. News & Insights Freshly Squeezed - [Canada’s Population Grows At Fastest Pace Since 1990]( - [Metals Expert: “Why we could see $5,000 gold” (Ad)]( - [U.S. Banks May Boost Dividends And Buybacks After Passing Stress Tests]( - [Top 10 Canadian Dividend Aristocrats To Buy Now]( [We want to hear from you! Let us know your thoughts by clicking here]( # [submit to reddit]( [submit to reddit]( [submit to reddit]( [submit to reddit]( To ensure delivery of all emails, [allow us on your list](. Update your email preferences or unsubscribe [here](. View our privacy policy [here](. Copyright ©2022 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc. newsletter is for information purposes only and opinion-based. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](