Got some back from the Alberta government over the closure of some of its properties. Not one of his favourites. Not growing organically. Pure gas play and a short reserve life. Still has to prove itself.
Pays over 11.5% distribution. A good type of company for an income trust as it spins a lot of cash and is recession proof. Contracts with school boards are pretty long term. Good price.
The biggest trucking company in Canada and transportation is doing fantastically. Acquiring other companies that are having problems with costs on inflation, insurance or wages. Expect they will raise distributions.