Q: We are holding a position in Blue Ribbon Income Fund (RBN.UN). We are considering building on that position. May I have your thoughts, please?

A: Blue Ribbon Income Fund, $8.37, symbol RBN.UT on Toronto (Units outstanding: 12.8 million; Market cap: $107.1 million; www.bromptongroup.com), was formerly called the Citadel Diversified Investment Trust.

This fund holds a lot of former oil and gas trusts, pipeline or other utility trusts (most if not… Read More

Tax shelters in Canada: 3 choices you need to know about

Tax shelters in Canada: 3 choices you need to know about

Tax shelters in Canada that can help you save money when you use them correctly
Tax shelters in Canada aim to reduce or eliminate your tax liability.

Tax shelters are legal investment vehicles that let investors pay less tax. Some are risky and should be avoided, like… Read More

Solid dividends make Chemtrade, RioCan buys

CHEMTRADE LOGISTICS INCOME FUND $11 (Toronto symbol CHE.UN; High-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 92.6 million; Market cap: $1.0 billion; Dividend yield: 10.9%; Dividend Sustainability Rating: Average; www.chemtradelogistics.com) is one of the largest removal-service providers for resource firms that create acid and sulphur by-products. It… Read More

These two prosper behind the scenes

CALIAN GROUP $35.00 (Toronto symbol CGY; TSINetwork Rating: Speculative) (613-599-8600; www.calian.com; Shares outstanding: 7.9 million; Market cap: $276.9 million; Dividend yield: 3.2%) has two main businesses: Business and Technology Services (contributing 70% of the company’s revenue) provides engineers, health-care workers and other skilled professionals on… Read More