Mark Carney, Finance Minister Jim Flaherty’s designee to succeed David Dodge as governor of the Bank of Canada, confirmed a well-circulated rumor last week during an appearance before the House of Commons Finance Committee intended to establish his qualifications to head the country’s central bank. Read More
Analyst Articles
This month's High Yielders are Enerplus Resources and GMP Capital Trust. Read More
US economic weakness if affecting certain sectors in Canada. But because Canada's resource exports aren't entirely dependent upon the US market, its economy is still running strong. Read More
Two-thirds of the trusts in the Canadian Edge universe yield double digits or better. Three-quarters produce enough cash flow to cover their generous distributions by a comfortable margin. Thirty-seven trusts—or more than a third—have raised dividends at least once since Halloween 2006. And four out of every five sell for less than 1.5 times book value and/or a discount to annual sales. Read More
There are several additions to this month's Dividend Watch List. The rising Canadian dollar has been a boon for many trusts, while others have suffered from the loonie's bolstered strength. Read More
Despite last month's aggressive selloffs, Canadian trusts are still posting substantial gains. Energy trusts are still awaiting a recovery, but they're cheap now and poised to capitalize when the upside kicks in. Read More
Ten thousand delegates from 190 countries will be in Bali this week to talk about climate change, kicking off negotiations for a new international agreement to follow the Kyoto Accord. The US continues to oppose mandatory emissions cuts by wealthy nations and a target to limit the rise in global temperatures. Canada’s Prime Minister Stephen Harper is trying to bridge a gap between what now amounts to the rest of the industrialized world and the US. Read More
Even the strongest Canadian oil and gas producer trusts have taken on water lately. But that's no reason to get out of solid, dividend-paying businesses. Read More
I’m best known for dishing out advice on income stocks like utilities and Canadian trusts. But through my new service with colleague Yiannis Mostrous, I'm also providing insight into vital resources such as base and precious metals, agricultural, water, industrial metals, steel and other raw materials stocks. Also included is a full overview of third quarter results for all CE Portfolio holdings. Read More
One element of the Tax Fairness Plan--the formal name of the scheme to subject income trusts to double taxation--that provides at least some comfort is the three-year window before flow-through entities have to start coughing up more cash to the government. A lot can happen in 36 months. Read More