Stable income trusts with growth ahead

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28.28 (Toronto symbol BA.UN: Units outstanding: 127.3 million; Market cap: $3.6 billion; SI Rating: Above Average; Dividend yield: 10.3%) has over 3.1 million telephone customers in Atlantic Canada and rural parts of Ontario and Quebec. BCE owns 44.1% of… Read More

Two Canadian income trusts well positioned for 2011 tax changes

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… Read More

Well positioned for 2011 tax changes

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… Read More

Two power trusts for income seekers

ALGONQUIN POWER INCOME FUND $2.39 (Toronto symbol APF.UN; Units outstanding: 77.6 million; Market cap: $185.6 million; SI Rating: Extra Risk) owns or has interests in 41 hydroelectric facilities — 13 in New York State, 12 in Quebec, nine in New England, four in Ontario, one… Read More

Two power income trusts: one buy, one hold

ALGONQUIN POWER INCOME FUND $5.70 (Toronto symbol APF.UN; SI Rating: Extra Risk) has interests in 41 hydroelectric facilities — four in Ontario, 12 in Quebec, 13 in New York State, nine in New England, one in Alberta, one in New Jersey and one in Newfoundland… Read More

Low Rainfall’s Just a Temporary Setback

ALGONQUIN POWER INCOME FUND $7.68 (Toronto symbol APF.UN; SI Rating: Extra Risk) now has direct or indirect interests in 47 hydroelectric facilities — 4 in Ontario, 12 in Quebec, 13 in New York State, 9 in New England, 1 in Alberta, 1 in New Jersey… Read More

Four Trust Buys for Income and Growth

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28.75 (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.

As part of the deal that created Bell Aliant, the fund transferred the… Read More

Here are Two Best Buys in Income Trusts

GREAT LAKES HYDRO INCOME FUND $20.30 (Toronto symbol GLH.UN; SI Rating: Extra Risk) owns 26 hydroelectric generating stations located on seven river systems in four distinct geographic regions: Quebec, Ontario, British Columbia and New England. Its facilities have 1,015 megawatts of generating capacity.

In the three… 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

GREAT LAKES HYDRO INCOME FUND $19.08 Toronto symbol GLH.UN

GREAT LAKES HYDRO INCOME FUND $19.08 Toronto symbol GLH.UN; SI Rating: Extra Risk) owns 26 hydroelectric generating stations located on seven river systems in four distinct geographic regions: Quebec, Ontario, British Columbia and New England. Its facilities have 1,015 megawatts of generating capacity.

In the three… Read More