The World’s Best Postal Services

The World’s Best National Postal Services according to a study by Universal Postal Union are shown in the chart below. Switzerland tops the ranking followed by France and Japan. Canadian postal service ranks below the USPS. This is not surprising since Canada Post is awful for customer service and finding a post office even in a big city like Toronto is like trying to find the Dodo bird.

Click to enlarge

Source: Statista

 

Five Non-Financial Canadian Stocks

The Canadian equity market offers plenty of opportunities from non-financial sectors. Below are 5 such companies for further research:

1.Company: TELUS Corp (TU)
Current Dividend Yield: 4.60%
Sector: Telecom

2.Company: BCE Inc (BCE)
Current Dividend Yield: 5.74%
Sector: Telecom

3.Company: TransCanada Corp (TRP)
Current Dividend Yield: 5.26%
Sector: Oil & Gas Transportation

4.Company: Enbridge Inc (ENB)
Current Dividend Yield: 6.38%
Sector: Oil & Gas Transportation

5.Company: Magna International Inc(MGA)
Current Dividend Yield: 2.76%
Sector: Auto Components

Dividend Withholding Tax Info for US investors: 

  • Canadian withholding taxes are waived on stocks (except REITs) held in qualified retirement accounts such as IRAs and 401Ks.
  • The dividend withholding tax rate is 25% if stocks are held in regular taxable account.
  • However American investors can file the NR301 form with Canada Revenue Agency(CRA) and reduce the tax rate to 15%.

Note: Dividend yields noted above are as of Oct 22, 2018. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions.

Disclosure: Long MGA

The World’s Longest Sea Bridge Opened in China

The World’s Longest Sea Bridge connecting Hong Kong, Macao and Zhuhai in mainland China was opened yesterday. The 55 km modern marvel includes a tunnel under the sea, artificial islands and multiple bridges. Below is a short video clip of this amazing bridge:


Source: New China TV

Curious Americans are wondering if China can, why can’t we build such things here…