TransCanada Corp (TSX: TRP, NYSE: TRP) is adding a lane and expanding capacity to its Keystone XL project, with the firm backing of its customers.
The CRA wants to be sure that US-based investors are entitled to receive tax-advantaged dividends from Canada-based stocks.
Keystone XL is delayed. But there are other projects that will guarantee that which its opponents have fought so hard to prevent: further development of the Canadian oil sands.
TransCanada Corp (TSX: TRP, NYSE: TRP) executives are putting up a brave front against what appears to be a rising political tide.
Keystone XL may not survive the short-term gamesmanship spoiling what should be progress on a jobs-creating infrastructure project with long-term net economic benefits.
The Greek debt problem will soon give way to the Italian debt problem. Last week was an overreaction to the upside. This week we’re back to the downside, in what continues to be a jagged environment.
Canadian income trusts still exist, though in far fewer number than they did on Oct. 31, 2006. But it’s still possible to find high-quality high-dividend payers in relative abundance in the Great White North.
Canadian Edge subscribers will be happy to know the Great White North’s economy continues to post impressive numbers. After the recent “risk-off” selloff, potential Canadian Edge subscribers should know the loonie has come well of near-term highs, setting up a buying opportunity.
The US economy is still growing, albeit at a sluggish pace, while Canada is once again adding jobs at an impressive pace.
The Canadian oil sands is one of the most important energy resources on Earth. Foreign investors–from outside North America–realize this and are likely to take advantage of depressed prices and snap up quality assets.
