Canada didn't suffer as much as the United States did during the housing crisis. It also wasn't affected as much as the States during the financial crisis. As a matter of fact, the return on the S&P 500 over the last five years is negative, whereas the iShares MSCI Canada Index (EWC) is up about 40%.
For income investors, high income Canada stocks are a good way to diversify out of US dividend stocks. Just remember that income on Canada stocks is subject to Canadian withholding tax. WallStreetNewsNetwork.com has just published a list of top yielding Canadian stocks, 15 of which yield more than 2.5%. Here are some examples:
TransCanada Corp. (TRP) is a Calgary based oil and gas pipeline company which yields 4.4%.
Royal Bank of Canada (RY) is one of Canada's major banks. This Toronto, Ontario based company yields 3.8%.
Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 3.5%.
To see a list of over 15 high yield Canada stocks, which can be downloaded, sorted, changed, and added to, go to WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
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