Shares of Boralex Power Income Fund took a hard hit last week. The reason: A decision to “temporarily” halt electricity production at its wood residue thermal power stations at Seneterre and Dolbeau. Read More
Analyst Articles
Dr. Marc Faber, one of the world’s most respected market watchers, wrote recently that only time will tell if the current carnage indicates a change in direction or just a pause. As he was one of the first to forecast the resource bull market, commodities featured prominently in his analysis. Read More
In August 2006, New York University economist Nouriel Roubini predicted a subprime crisis and subsequent recession. In September of that year, he burdened a gathering of the International Monetary Fund with his bearishness. And Roubini was profiled in a recent New York Times Magazine feature headlined “Dr. Doom.” Read More
ARC Energy Trust is rolling back the second part of a “top-up” dividend increase, effective with the Oct. 15, 2008, payment. The new monthly rate will be 24 cents Canadian a month, consisting of a 20 cents “base distribution” and an additional 4 cents “top-up” payout. Read More
In order to keep the profits rolling in before and after 2011, it's crucial to focus on well-run businesses that continue to gain value. The key to success in trusts is to stick with those that succeed regardless of how they're taxed. And this market offers plenty. Read More
This month's High Yielders are AG Growth Fund and Energy Savings Income Fund. Read More
Canadian trusts and corporations across all industries have been stress tested, forcing them to rely on their own resources as business conditions depress sales growth. But most have weathered the storm rather well, posting strong second quarter earnings, and look to continue growing into 2009. Read More
A dozen trusts boosted distributions last month, while three made cuts. Noranda Income Fund exited the Dividend Watch List on solid second quarter profits and its strong relationship with resource behemoth Xstrata. We also provide commentary on the strength of oil and gas trusts of late, even amid a pullback in crude prices. Read More
Going down the Canadian Edge Portfolio, 23 picks are in the black this year, with an average total return of roughly 18.5 percent. Nine are under water, with an average loss of 22 percent. That includes the roughly 7 percent dip in the Canadian loonie versus the US dollar. Read More
Roger Conrad gives us general market commentary and explains how Canadian banks have ridden through the recent stress tests to remain stabilized. Canadian trusts have weathered the storm particularly well. But what will happen when these trusts are taxed as corporations starting in 2011? If the trust tax is overturned in an upcoming election, what’s the story going forward? Read More