Reviewing 2nd Quarterly Reports in 2026

 

Tech, politics, policy and wars are the headliners continuing in 2026 however there is no change in my strategy for the long run with monthly buying but I'm more selective where the portfolio is generally overvalued with high P/E levels, Graham Numbers. 

Quality, growth and sustainable dividend paying companies are on my mind.

That brings about more warnings about a possible correction coming along with August and September being a historically slower gait with the bull run.   

Starting this week, many of my stocks are reporting 2nd Quarter results. All decent so far with Enbridge, ENB.TO and Fortis, FTS.TO reporting results today. Both on track and growing their businesses as usual.

With the Iran and US war escalated again, I've been watching the price of oil move with it. I also watched the price of Suncor, SU.TO stock increase with the oil price so I decided to do a rare trim where the price of SU is over $90 currently. The plan is to buy it back (less profit) when there is some kind of resolution to that war which will more than likely drop the price of oil until the next event and SU stock in turn, being an original and major player in the Alberta tar sands.

In the insurance sector or Lifeco's, I'll be looking to add to Manulife Financial, MFC.TO before the 20th of August ex-dividend date. With a 10% dividend increase back in February of 2026, the current inflation and interest rate drama seems to favour the top Canadian insurance companies.

A recent Morningstar article details what interests investors in Canadian ETFs as funding nears 1 trillion and what type of ETFs the bulk of inflows is going into with equity focused getting the lion share, being my main interest.

                                        TMX Money with ETF reports 

I prefer to own individual stocks with no management fees like ETFs but many on the market now are enticing with the holdings and yield along with total return. A basket of interesting stocks along with a monthly distribution is luring for those wanting an increasing income over time or a one-time bulk funding and repurchase with a percentage of the distributions paid or all for a term.

   

  

Power and Pipes for Mid July, 2026

 

The hot muggy afternoons are here in mid July on the Atlantic Coast with ACs running adding to my power bill but one needs comfort.

On the subject of Power ... Emera, EMA.TO has an ex-dividend date of July 31st with an expected Board announcement of a dividend increase for October. Increases have been around the 1% range since they announced their current lower dividend growth policy with more emphasis on earnings per share. 

In Canada, power and energy headlines have been focused in Alberta for this month, mainly for future builds. Stocks I own, Capital Power, CPX.TO and Pembina Pipeline, PPL.TO have come up several times in the news articles. 

Meta (thinking Facebook) is building a 13 billion dollar data centre in Alberta and Canadian provinces are looking for data centre builders arranging their power and cooling sources in advance. Pembina Pipeline and Stanley Morgan are building a power plant adjacent to Meta's planned build site. Capital Power is also involved in supplying power from their grid in 2028 with a long term contract.

Pembina Pipeline is involved with a 10% stake in an Alberta/Federal Government plan to run a pipeline from Alberta to the BC using a southern route with a future option to buy more of a percentage of that project.

Interesting is Enbridge being a popular stock among individual investors and a huge pipeline owner, recently added that Canada needs to concentrate more on additional oil production to meet future export demand. I'll be focusing on ENB.TO and Fortis, FTS.TO in August.

Personally, I like to see companies I have stock in mentioned in the future energy and economic plans announced by PM Carney and the Federal Government. Pembina Pipeline have a smart management in building up the company to this point. Hopefully, they won't take on too much debt, in turn rethinking their dividend policy but I have faith.

Overall, the stock market is in a Bull run with Canada outperforming the US for now, raising concerns about an eventual dip which will hopefully be short term again but many watch the moves of President Trump, buying the lower price dips with his political and policy moves while looking for gains. That will no doubt continue while he is in power. Just my opinions with this post as always, not investment advise.

Meanwhile, I'm sizing up my bank related ETFs while they are also getting more expensive although I'm not complaining about the gains with ZWB.TO and RCDC.TO, having additional dividend paying companies in the holdings. I've held and further bought RCDC since it launched, mentioned several times in my blog.

On this date, the US and Iran are back into conflict seeking another resolution while the US is looking to control shipping traffic and tolls in the Strait of Hormuz. Many predicted the thinly threaded ceasefire and peace talks wouldn't hold. The price of oil has come up in turn with countries looking to restock their oil reserves which brings Canada's energy resources back into focus.