3 Top Canadian Healthcare Stocks for September 2023 and Beyond – Loans for Stock in Canada

On October 1, 2023

As the population grows older in Canada and worldwide, Canadian healthcare companies will be relied upon to supply medications and products to Canadians and customers worldwide.

The primary benefit to this from an investing standpoint is that Canadian healthcare stocks will inevitably post higher revenues and, as current investors hope, more profits. New investors learning how to invest in stocks often flock to healthcare stocks, more than likely due to their potential to provide better-than-average returns.

According to the Government of Canada, in 2021, approximately 7 million Canadians were aged 65 or older. This represented approximately 19% of the total population, which is the highest share of the total population ever. The population is expected to keep aging, too. According to population projections, in 2051 a whopping 24.9% of Canadians will be over the age of 65.

By then, projections say female life expectancy is expected to be 87 years!

Rapid spending means good things for the top healthcare stocks

Healthcare expenditures make up a double-digit percentage of our GDP here in Canada. In 2019, healthcare spending hit a whopping $264B. In 2021 this number hit $308B. In 2022, it continued to grow, hitting $331B, or $8,563 per Canadian. This number is almost guaranteed to continue to grow over the long-term.

Although this revenue certainly isn’t the total addressable market for the stocks on this list, there is no doubt they will benefit from an increase in spending and overall an increase in the older population here in Canada.

The pandemic also brought to light numerous deficiencies in our healthcare system, ones the government might look to alleviate as we move forward. When we think of the pandemic, we think of many U.S. healthcare companies like Pfizer and Moderna. And while U.S. pharmaceuticals are often more mature dividend stocks, there is still plenty of potential here in Canada if you want exposure.

So, how can Canadian investors take advantage of an aging population, a rising population, new medicine, medical devices, and medical technology making our lives easier? Well, you can invest in the top Canadian healthcare stocks! Let’s look at 3 of the best healthcare stocks in this article.

The top Canadian healthcare stocks to buy right now

Savaria (TSE:SIS)Well Health (TSE:WELL)Andlauer Healthcare Group (TSE:AND)Chartwell Retirement Residences (TSE:CSH.UN)

Savaria (TSE:SIS)

By definition, Savaria Corporation (TSX:SIS) is an industrial stock. However, make no mistake; they are a healthcare play in a prime position to take advantage of an aging population. Most investors view healthcare stocks as primarily drug manufacturers

And while those stocks typically provide your best chance to hit a home run in terms of returns, arming your portfolio with different industries of the healthcare sector can be extremely useful.

Savaria provides just that. The company develops, markets, and manufactures products for those who have mobility issues.

Up until 2020, Savaria had been an underperformer. It was plagued with inconsistencies in terms of results and also frustrated shareholders with constant share dilution. However, it has performed relatively strongly since the March, 2020 stock market lows, with particular strength over the last year. Including dividends, the stock is up approximately 20% over the last 52 weeks.

In early 2021, the company made a transformational acquisition of Handicare, a European company specializing in mobility products. Handicare is responsible for producing over 45,000 stairlifts annually, and the mega-merger will make Savaria a true global leader in mobility products.

Considering the average age here in Canada and globally is expected to rise considerably over the next 20-30 years, more and more consumers will need the exact products that Savaria offers.

The company recently reaffirmed its Fiscal 2023 guidance, telling investors it expects to grow revenue at an 8-10% annual pace over the next few years thanks to the Handicare acquisition. With inflation and the price of materials cooling, along with supply chain challenges subsiding, earnings will likely grow even faster than revenue.

After years of underperformance, Savaria could finally turn the page and is putting up some strong results. As a bonus to its growth, the company pays out a mid-3% monthly dividend.

Well Health Technologies (TSE:WELL)

Well Health Technologies (TSE:WELL) will undoubtedly appeal to you if you’re looking for a company with explosive growth potential.

So what does Well Health do? The company owns the largest single-chain network of care clinics in British Columbia. They also provide hundreds of medical clinics with EMR (Emergency Medical Records) services.

This means thousands of doctors, nurses and healthcare workers benefit from WELL’s products, but more importantly, over 15 million patients.

The company has 83 clinics here in Canada and in the United States. In terms of staffing, the company deploys over 2500 healthcare providers.

The company is primarily a digital health company, or telehealth as many like to call it. Instead of going to the doctor, patients can be diagnosed right from home. This type of medical care was amplified during COVID-19 shutdowns and caused Well Health’s popularity to soar.

The company is backed by one of the wealthiest men on the planet, Sir Li Ka-Shing, who has been known to invest in other strong companies like Spotify and Facebook.

The company is very acquisition heavy and has completed some transformational acquisitions over the years, including CRH Medical in mid-2021. Not only did the acquisition of CRH significantly boost Well Health’s revenue, but it also gave them deep access to the U.S. healthcare system. The company also acquired CloudMD’s (TSEV:DOC) EMR, billing, and clinic assets.

This is a very young company, capable of significant growth yet significant volatility. Revenue growth is skewed by acquisitions, expected to increase significantly over the next few years. However, the company is also profitable on an adjusted EBITDA basis.

There has been a significant reset in the valuations of telehealth and digital health companies. So if you’re interested in owning Well Health, there has never been a better time.

Andlauer Healthcare Group (TSE:AND)

Andlauer Healthcare Group Inc (TSX:AND) is the leading provider of essential healthcare supply chain services.

It provides specialized solutions to meet the highly regulated requirements of the healthcare industry. The company is split into two divisions — Specialized Transportation and Healthcare Logistics. 

Its Specialized Transportation segment provides specialized temperature-controlled services to healthcare customers.

The company’s transportation products include ground transportation, air freight forwarding, and dedicated and last-mile delivery.

The Healthcare Logistics segment provides customer contract logistics services, including logistics, distribution, and packaging.

The company has a market cap of just under $2B at the time of writing. It is partnered up with 25 of the top global pharmaceutical manufacturers in Canada. It IPOed in 2019 and has witnessed strong growth over the last 10-12 years.

It has a compound annual growth on revenue of 11.5% since 2010 and is driving a large amount of growth through acquisitions. In 2021 it made two significant moves, acquiring Skelton and Boyle Transportation. Both companies operate transportation services to life sciences and government and defence sectors.

Most of the company’s revenue comes from services like this. Around a quarter of revenue comes from inventory management and client fulfillment.

Since its IPO in 2019 on the Toronto Stock Exchange, the company’s stock price has more than doubled. Regarding pharmaceutical companies in Canada, it’s one of the better performers. It does pay a dividend, but with a dividend yield of only 0.7%, it won’t appeal to many income investors.

Analysts expect high, single-digit growth from this company moving forward.

Chartwell Retirement Residences (TSE:CSH.UN)

Chartwell Retirement Residences (TSX:CSH.UN) is a REIT that owns retirement residences in Canada, specifically in Ontario, Quebec, and Alberta. 

After divesting most of its long-term care homes in 2022, Chartwell’s portfolio comprises 159 properties. Like many other senior care stocks, Chartwell suffered through the COVID-19 pandemic.

Occupancy plunged as many families chose to care for their loved ones at home. Then, as pandemic pressures faded in 2022, the company had to deal with higher interest rates, cutting into its bottom line. After all, interest is a major expense for any real estate company. 

It wasn’t just Chartwell that suffered. Competitor Sienna Senior Living (TSX:SIA) also saw its share price decline substantially in 2022, with both stocks shedding more than 20% of their market value. 

But things are looking up for Chartwell. It recently posted encouraging occupancy results, with that all-important metric even flirting with pre-pandemic numbers. Investors are also hoping interest rates have peaked. And the company’s move to divest its long-term care portfolio should help ease pressure on its balance sheet. 

Remember, Canada’s population is projected to get older over time. Combine that with seniors flush with cash from massive real estate gains, and it bodes well for Chartwell. But remember, this is a long-term play. Investors should measure the outcome in years, not months.

Overall, this article should give you a nice roundup of top Canadian healthcare stocks

While most of the options on this list are small to mid-cap players, we don’t have any large-scale healthcare stocks here in Canada. If you want something like that, you’ll have to head south of the border, where you’ll find plenty.

But I wouldn’t be shying away from looking at these four options because they’re small in stature. All three are in explosive industries growth-wise and should be able to provide long-standing returns to investors in the future.


Global Securities Lenders specializes in custom liquidity solutions for those seeking to leverage concentrated market positions quickly, conveniently, and confidentially. We provide flexible terms and low interest rates specifically designed with your goals in mind. GSL recently announced our goal of working in Canada to provide securities lending to companies and high net worth individuals.

Securities-based lending, or a stock loan, is the practice of using market investments such as stocks, ETF’s, warrants, bonds, or real estate investment trusts as collateral for a loan. If you own free-trading, non-restricted stock on a major world exchange that trades at a minimum volume of $30,000 USD daily, you can qualify for a non-recourse, collateralized stock loan from one of our valued lenders in record time! Get an instant quote to see if you qualify.

Original Article: Read More

Original Source: Stocktrades

Categories: Top Canadian Stocks, CloudMD | TSEV:DOC, Savaria Corporation | TSE:SIS, WELL Health Technologies | TSE:WELL

Let's Start a Conversation

Instant Quote

Please fill out your information to see if you are pre-qualified.

Enter the Stock Symbol.

Select the Exchange.

Please enter your First Name.

Please enter your Last Name.

Please enter your phone number.

Please enter your Email Address.

Please enter or select the Total Number of Shares you own.

Please enter or select the Desired Loan Amount you are seeking.

Please select if you are an Officer/Director.

Global Securities Lenders, LLC may only offer certain information to persons who are “Accredited Investors” and/or “Qualified Clients” as those terms are defined under applicable Federal Securities Laws. In order to be an “Accredited Investor” and/or a “Qualified Client”, you must meet the criteria identified in ONE OR MORE of the following categories/paragraphs numbered 1-20 below.

Global Securities Lenders, LLC cannot provide you with any information regarding its Loan Programs or Investment Products unless you meet one or more of the following criteria. Furthermore, Foreign nationals who may be exempt from qualifying as a U.S. Accredited Investor are still required to meet the established criteria, in accordance with Global Securities Lenders, LLC’s internal lending policies. Global Securities Lenders, LLC will not provide information or lend to any individual and/or entity that does not meet one or more of the following criteria:

1) Individual with Net Worth in excess of $1.0 million. A natural person (not an entity) whose net worth, or joint net worth with his or her spouse, at the time of purchase exceeds $1,000,000 USD. (In calculating net worth, you may include your equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities. Your inclusion of equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.)

2) Individual with $200,000 individual Annual Income. A natural person (not an entity) who had individual income of more than $200,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

3) Individual with $300,000 Joint Annual Income. A natural person (not an entity) who had joint income with his or her spouse in excess of $300,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

4) Corporations or Partnerships. A corporation, partnership, or similar entity that has in excess of $5 million of assets and was not formed for the specific purpose of acquiring an interest in the Corporation or Partnership.

5) Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an Accredited Investor as defined in one or more of the other categories/paragraphs numbered herein.

6) Irrevocable Trust. A trust (other than an ERISA plan) that (a)is not revocable by its grantors, (b) has in excess of $5 million of assets, (c) was not formed for the specific purpose of acquiring an interest, and (d) is directed by a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of an investment in the Trust.

7) IRA or Similar Benefit Plan. An IRA, Keogh or similar benefit plan that covers only a single natural person who is an Accredited Investor, as defined in one or more of the other categories/paragraphs numbered herein.

8) Participant-Directed Employee Benefit Plan Account. A participant-directed employee benefit plan investing at the direction of, and for the account of, a participant who is an Accredited Investor, as that term is defined in one or more of the other categories/paragraphs numbered herein.

9) Other ERISA Plan. An employee benefit plan within the meaning of Title I of the ERISA Act other than a participant-directed plan with total assets in excess of $5 million or for which investment decisions (including the decision to purchase an interest) are made by a bank, registered investment adviser, savings and loan association, or insurance company.

10) Government Benefit Plan. A plan established and maintained by a state, municipality, or any agency of a state or municipality, for the benefit of its employees, with total assets in excess of $5 million.

11) Non-Profit Entity. An organization described in Section 501(c)(3) of the Internal Revenue Code, as amended, with total assets in excess of $5 million (including endowment, annuity and life income funds), as shown by the organization’s most recent audited financial statements.

12) A bank, as defined in Section 3(a)(2) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

13) A savings and loan association or similar institution, as defined in Section 3(a)(5)(A) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

14) A broker-dealer registered under the Exchange Act.

15) An insurance company, as defined in Section 2(13) of the Securities Act.

16) A “business development company,” as defined in Section 2(a)(48) of the Investment Company Act.

17) A small business investment company licensed under Section 301 (c) or (d) of the Small Business Investment Act of 1958.

18) A “private business development company” as defined in Section 202(a)(22) of the Advisers Act.

19) Executive Officer or Director. A natural person who is an executive officer, director or general partner of the Partnership or the General Partner, and is an Accredited Investor as that term is defined in one or more of the categories/paragraphs numbered herein.

20) Entity Owned Entirely By Accredited Investors. A corporation, partnership, private investment company or similar entity each of whose equity owners is a natural person who is an Accredited Investor, as that term is defined in one or more of the categories/paragraphs numbered herein.

Please read the notice above and check the box below to continue.

Contact GSL

Please use our Instant Quote form to see if you're pre-qualified for a non-recourse stock loan, or if you have any questions or feedback, please email, call or chat with us.

+1 (954) 648-5454
2805 E Oakland Park Blvd #307, Fort Lauderdale, FL 33308 USA
Open 24 hours a day / 7 days a week / 365 days a year

Frequently Asked Questions

What Is Securities-Based Lending?

Securities-based lending, or a stock loan, is the practice of using market investments such as stocks, ETF’s, warrants, bonds, or real estate investment trusts as collateral for a loan.

How much money can I get for my securities?

Borrow up to 70% of the value of your pledged investments giving you the capital you need to expand your business, purchase real estate, or tackle a costly project.

What happens if my securities lose value?

With a non-recourse stock loan, you can walk away from your securities at any time and keep the loan money with no negative credit consequences even if the investments lose value.

Is my information safe with GSL?

We pride ourselves on outstanding service and make client confidentiality our top priority. You can always be absolutely certain your information is safe with us.

How long does it take for the disbursement of funds?

Most of the transactions we process take less than 7 days from application to the disbursement of funds giving you cash quickly when you need it most.

What credit score do I need to qualify?

There are no credit checks or personal guarantees necessary with our services. Your pledged securities are the only collateral required for the loan you receive.

Contact Us

Florida Office

2805 E Oakland Park Blvd #307
Fort Lauderdale, FL 33308

Call Us

+1 (954) 648-5454‬

Market Coverage