Roger Conrad

Analyst Articles

Although 2007 was one of the most turbulent for Canadian income trusts, many performed well and paid out solid dividends. And there's plenty more big gains to come in 2008. Read More

Is Canada’s Conservative Party starting to triangulate on trusts? Last month, the government rolled back the restrictions on foreign investment for REITs imposed by last year’s Tax Fairness Act. That ensures that virtually all will qualify for favorable tax status in 2011 and beyond, and it opens a new avenue for growth as well. Read More

Canadian trusts suffered a number of distribution cuts last month, most of which resulted from weak natural gas prices. The weak US economy and housing slump has also been troublesome for trusts outside the energy sector. Read More

An ominous Institute of Supply Management reading for December put an early crimp in the action, and oil and gold approached historic levels on the first day of 2008 trading. The numbers are a reminder that the housing-and-credit fog that shrouded the second half of 2007 didn’t magically lift with the turnover to 2008. Read More

Any number of things can move trust unit prices in the near term. But long term, only one thing does: distribution growth. Read More

Two Portfolio holdings are pulling through the current trial by fire, as shown by their increased distributions, and another is still going strong in the energy sector despite its recent distribution cut. Read More

Well, here we are, cold, sick of the 2008 election, wondering whom to blame for The Steroid Era, a little lighter on the brokerage statement and not knowing how long subprime will rule the mood. But low payout ratios and under-control costs help the best businesses weather storms like the one we’re experiencing. Read More

As discussed in the December issue, the Canadian trusts have gone through a rigorous trial by fire this year. But they're still solid companies. There are two trouble areas, though, that have surfaced: natural gas and one of the energy-producing trusts in the portfolios. Read More