The Crude Facts About Venezuela’s Impact on Canadian Oil

Over the weekend, the United States took control of Venezuela’s oil assets. Given Venezuela’s vast oil reserves, it has naturally raised questions about whether Canadian oil producers should be concerned. On paper, Venezuela’s oil reserves are enormous. The country holds close to 17% of the world’s oil reserves, roughly 300 billion barrels, more than Saudi […]

After Gaining +30%, is Canadian Utilities Running Out of Gas?

Our investment in Canadian Utilities (“CU”), which delivers gas and electricity, in November 2023 was based on a straightforward premise: its attractive 5.7% dividend yield positioned it as a prime beneficiary of anticipated interest rate cuts. We believed falling rates would naturally enhance the appeal of high-yielding dividend stocks like CU for income investors seeking […]