Fording DRIP Could Spur Its Unit Price

FORDING CANADIAN COAL TRUST $27 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; Units outstanding: 147.0 million; Market cap: $4.0 billion; SI Rating: Average) now plans to let eligible unitholders (mainly Canadian and U.S. residents) re-invest their distributions in new units at a 5% discount… Read More

These Two Resources Trusts Still Have Appeal

Ottawa’s plan to tax trust distributions in 2011 led to big drops for most income trusts. But high-quality trusts like Pengrowth and Fording have rebounded nicely. We feel they will continue to pay aboveaverage yields, even after 2011.

PENGROWTH ENERGY TRUST $20 (Toronto symbol PGF.UN; Aggressive… Read More

Updating our Aggressive stocks

FPI LTD. $7.85 (Toronto symbol FPL) earned $0.25 a share in the third quarter of 2006 compared with a loss of $0.35 a year earlier, thanks to cost controls and the extra earnings from recent acquisitions. However, sales fell 15.4%, to $174.5 million from… Read More

New Trust Tax Hits RRSPs & Foreigners

Starting in 2011, Ottawa will impose a tax on income trust distributions that will put the income trusts on an equal tax footing with conventional taxable corporations. Trusts will pay a 31.5% tax on distributions to unit holders, so your cash flow from those trusts… Read More

Teck Plans to Focus on Smaller Takeovers

TECK COMINCO LTD. $86 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; SI Rating: Average) is the world’s secondlargest supplier of zinc, behind Xstrata plc. Manufacturers add zinc to steel to prevent it from rusting. Zinc accounts for about a third of Teck’s profits.

The company… Read More

What’s Different About Fording

FORDING CANADIAN COAL TRUST $34 (Toronto symbol FDG.UN; Aggressive Growth Portfolio, Resources sector; SI Rating: Average) is different from other income trusts. For one thing, it came into existence through the breakup of Canadian Pacific Railway, rather than as a new issue created to sell… Read More

Inco Is the Best of the Three

Some of our biggest gainers in the past few years have been in stocks from the Resources sector. Investors need to keep the risk and volatility of this sector in mind.

TECK COMINCO LTD. $75 (Toronto symbol TEK.SV.B; Conservative Growth Portfolio, Resources sector; SI Rating: Average)… Read More