BA.UN
In 2011, the Canadian government will begin taxing income trusts (with the exception of real estate investment trusts, or REITs). The effect the tax change will have on Canadian investors’ portfolios is something we’ve often discussed in our Canadian Wealth Advisor newsletter.
When the income-tax benefits of Canadian income trusts are eliminated, some may convert to conventional corporations — the same …read more »
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $26.60 (Toronto symbol BA.UN: SI Rating: Above Average) has over 3.1 million telephone customers in Atlantic Canada and rural parts of Ontario and Quebec. BCE owns 44.1% of Bell Aliant.
In the three months ended March 31, 2009, the fund’s earnings rose 9.3%, to $0.59 a unit from $0.54 a year earlier. Cash flow per …read more »
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $26.35 (Toronto symbol
BA.UN: Units outstanding: 127.2 million; Market cap: $3.4 billion; SI Rating: Above average) reports that its revenue fell 1.2% in the three months ended March 31, 2009, to $828 million from $837.5 million. Lower local and long distance revenue declines offset strong demand for high-speed Internet and data services.
However, earnings rose 10.1%, …read more »
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $22.70 (Toronto symbol BA.UN: Shares outstanding: 127.0 million; Market cap: $2.9 billion; SI Rating: Above average) has agreed to help BCE upgrade the connections between Bell Mobility’s wireless networks in Atlantic Canada and certain rural areas of Ontario and Quebec.
Bell Aliant transferred most of its wireless operations to BCE Inc. as part of the …read more »
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $25 (Toronto symbol BA.UN; Conservative Growth Portfolio, Utilities sector; Units outstanding: 127.0 million; Market cap: $3.2 billion; SI Rating: Above average) is the main provider of telephone service in Atlantic Canada and rural areas of Ontario and Quebec.
Bell Aliant transferred its wireless operations to BCE Inc. as part of the deal that created the …read more »
We recommend few income trusts. That’s because most trusts involve substantial risk, such as focusing on a single commodity or geographic area.
Here are four trusts we do see as buys. Despite Ottawa’s plan to start taxing trust distributions in 2011, they should continue to pay above-average yields for years to come.
These four trusts should also appeal to BCE investors seeking …read more »
One of our recommended Canadian income trusts is BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28 (Toronto symbol BA.UN; Conservative Growth Portfolio, Utilities sector; Units outstanding: 127 million; Market cap: $3.7 billion; SI Rating: Above average). Bell Aliant is the main provider of telephone services in Atlantic Canada. It also serves rural areas of Ontario and Quebec. BCE Inc. controls about …read more »
BCE Inc. recently won a legal ruling against a lawsuit launched by its bondholders to block its $42.75-a-share takeover by a consortium led by the Ontario Teachers’ Pension Plan. BCE has also agreed to alter some of the terms to help speed up the takeover.
If the buyout goes through, many of BCE’s investors will want to re-invest their proceeds in …read more »
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28.28 (Toronto symbol BA.UN: SI Rating: Above average) is the main provider of telephone services in Atlantic Canada. It also serves rural parts of Ontario and Quebec.
In the three months ended March 31, 2008, Bell Aliant’s earnings fell 25.9%, to $0.40 a unit from $0.54 a year earlier. That’s mainly due to additional depreciation …read more »
MANITOBA TELECOM SERVICES $39.63 (Toronto symbol MBT; SI Rating: Average) has announced it will participate in the upcoming auction of wireless frequencies (called ‘spectrum’ in the industry). If successful, that would let it offer wireless services outside of Manitoba.
The company has formed a consortium with the Canada Pension Plan Investment Board and The Blackstone Group L.P. Each will own a …read more »
