If you are a believer in oil/gas and strong commodity prices, but not so much in income, this is a good way to play the oil sands.

If you are a believer in oil/gas and strong commodity prices, but not so much in income, this is a good way to play the oil sands.

If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.

If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.

If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.

Has exclusive relationships with Canadian banks. Good business, but the cheque business tends to decline at about 3% or 4% a year, but because they are basically a monopoly they can increase prices.

Pipeline and power areas are very interest rate sensitive. As interest rates are expected to nudge up, he is very much underweight this sector. Valuations in this sector tend to be at the top end of the range. Very little opportunity for growth.