Canadian Investors and the Fiscal Cliff

Written by Rob, The Dividend Apprentice It seems that nearly every major news article over the past couple of weeks has been talking about the U.S. and its impending fiscal cliff. This “cliff” refers to the ending of several tax cuts (which will, upon their expiry, act effectively as tax increases) along with a number of major spending cuts by the U.S. government. All of this is set to happen on or around January 1st, 2013. If left unresolved, these issues will combine into the perfect economic ...

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Westjet Profits Flying High

Written by Rob, The Dividend Apprentice. Westjet Airlines Ltd (WJA) released their Q3 profit results yesterday, announcing a whopping year over year increase of nearly 80%. Their EPS came in at 52 cents, up from 28 cents the year before and far exceeding expert predictions of 42 cents per share. One of Canada’s 4 biggest airlines, Westjet employs more that 8800 workers across North America, Central America and the Caribbean. Founded in 1996, they quickly gained a reputation for a friendly, ...

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TransCanada Corp and Phoenix Energy Propose New Pipeline

TransCanada Corp (TRP) and Phoenix Energy Holdings Ltd. have announced a proposal to build a C$3 Billion pipeline project in northern Alberta. Named the Grand Rapids Pipeline, it will carry crude oil and diluent (a kind of thinner to help the crude flow freely through the pipelines) from the Athabasca oil sands northwest of Fort McMurray 500 km south to the Edmonton-Hartland area. The pipeline will help fill the increasing need for oil transportation infrastructure surrounding the even growing oil ...

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