Roger Conrad

Analyst Articles

A March 11 Financial Post story labeled Jerry Antoniuk, owner of Edmonton, Alberta-based Polar Ice, a “self-described thorn in the side of the package ice industry.” He certainly brought the heat to Arctic Glacier Income Fund in Canada and seems to have sparked a US Dept of Justice (DoJ) investigation as well as a lawsuit filed in a Minneapolis federal court. Read More

Three of our holdings announced fourth quarter earnings, while another undergoes investigation. And numbers show that the oil and gas trust universe continues to benefit from higher natural gas prices. Read More

Canadian Ambassador Michael Wilson has written to US Secretary of Defense Robert Gates warning that an “expansive interpretation” of the Energy Independence and Security Act of 2007 could impede development of Canada’s oil sands because of strict greenhouse gas (GHG) emissions standards included in Section 526 of the law. Read More

Even in this current market environment, it's time to buckle down and prepare for more volatility as we ride out this storm. The 2008 outlook remains solid as battled trusts are simply victims of perceived recession risk. Read More

Trusts are being valued at far lower levels than equivalent corporations. But once they convert in 2011, those discounts should disappear, creating a windfall for investors. Read More

Several trusts increased distributions this month, while a few cut. We've also provided trust-specific points to guide you through tax season. Read More

“Undue expansion.” That was the ruling from Canada’s Dept of Finance on Colabor Income Fund’s (TSX: CLB-U, OTC: COLAF) takeover of rival food services firm Summit Food Service Distributors. As a result, Colabor became the first trust subjected to the tax on specified investment flow-through entities (SIFT) Read More