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.
Attention-seeking behavior by a special segment of Congress that was as ineffectual as the whole has obscured solidifying US economic data but at the same distracted observers from the primary locus of concern, Europe.
TransCanada Corp (TSX: TRP, NYSE: TRP) executives are putting up a brave front against what appears to be a rising political tide.
New Hope Corp Ltd (ASX: NHC, OTC: NHPEF) could help the Subcontinent satisfy its considerable hunger for thermal coal.
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.
Neither the threat–now reality–of a AUD23 per metric ton charge on carbon emissions nor potential additional taxes on mining and petroleum profits has dissuaded investors from funneling capital to exploit resources Down Under.
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.
The Reserve Bank of Australia cut its target “cash rate” to 4.5 percent from 4.75 percent Tuesday.
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.
Dividend investing, in Australia or any other jurisdiction is about buying and holding high-quality businesses, regardless of the various dramas yo-yoing the less disciplined.
