Five Stocks in AAA rated Canada for your consideration

If you are looking to get out of the mess that is the US market and political situation in the US then Canada is a great place to invest.  Triple AAA rating on their government debt too. The government there is business positive, so your money here will not be held political hostage like the current situation in the USA. Below are four picks I believe make good choices.

ERF...With recent market action this stock is yielding right at 9%. Note you get a monthly dividend payout, but it is taxed in Canada at 15%, but you get declare that against what you owe the IRS in the USA. ERF continues to improve it's market position with acquisitions in the North Dakota oil boom and some of the gas properties in the Appalachian area, but it's main business is in Canada where there is lots of oil. Nothing like oil in the ground to have a great hedge against inflation and nothing like an oil company in Canada that just keeps right on paying you.

 

BCE..largest telecom in Canada, think AT&T of the north. They have wireless, land line, and video delivery as well.  Almost 6% yield too. No business in the USA. This is one solid company that raises their dividend regularly and adds some capital gains for you as well.

 

POT..The world need fertilizer now. Fertilizer companies must have Potash to make the stuff. There are less than a dozen places in the world where you can find potash and Canada is the leading place. Potash Corp. mines about 80% of all the potash in Canada. Their stock continues to hold up well even in this environment. They tripled their small dividend this year and reported huge earnings. POT is a safe place to place investments and provides solid continuing capital gains.

 

CVE...I have opined on this stock for the start of my blog. Cevonus Energy sits on a huge deposit of oil in Canada is only now getting to it and making profit. An investor here can expect nice gains on it's 2.5% yield and also nice capital gains from increased profits and dividend pay outs. I would not be surprised to see this stock north of $100 in less than a decade while holding the same yield as today. Safe, growing Canadian oil with growth.

 

TRP..Operates pipelines in Canada and pays just above 4% dividend. This dividend is about as safe as they come. Pipelines are like electric utlities since to get oil and gas to markets for sale they are essential. TransCanada Corp. has lots of them in oil rich Canada and with the Chinese and the US needing the oil there will be lots of demand for years to come. Add in if Obama actually decides during the election season to ignore the crazy environmentalists and agrees to allow the Keystone X pipeline project to commence TRP will own the pipeline and all the juicy profits from the use of it.