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Old 10-07-2007, 06:52 PM
celiboy celiboy is offline
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Join Date: Dec 2004
Posts: 1,262
Default Re: Canadian Energy trusts

I actually bought CPG at around $18 earlier this year giving me close to a 13% distribution yield. The new regs come into effect in 2011 and I believe they discuss their plans on what they will do at that time on their website.

Also keep in mind that in a couple of weeks the Alberta government will decide on recommendations of a report to raise royalty rates by up to 20%. Alot of the oilco's have been hurt by this, but CPG keeps going up. Most analysts think this will be at $25 a unit in 12 months.

I only own one other trust being Yellow Pages Income fund - yields around 9% right now and they have clearly indicated their plans once 2011 comes around.
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