Not very inspiring. In a serial restructuring. Company is really levered to wall telephone services. That business is shrinking. Prefers Telus (T-T) were you have over half the company levered towards wireless. As a pure income play, it's not bad, but no growth.

Prefers Telus (T-T) and Rogers (RCI.B-T) over BCE (BCE-T). Over half of the company is levered towards wireless.

Prefers Telus (T-T) and Rogers (RCI.B-T) over BCE (BCE-T). Lots of growth and is really turning around.

Still very difficult to see with clarity where the growth is going to come from. The whole sector is still in a basic restructuring mode.

Positive on both Canadian Pacific (CP-T) and Canadian National (CNR-T) railways. This one is not quite the same quality in terms of their route network. Has higher costs than CN but they are bringing them down. Cheaper. Good management.

Positive on both Canadian Pacific (CP-T) and Canadian National (CNR-T) railways. Lowest cost of any North American Railway. Their 2nd quarter was right on track. Prices probably dropped because of concerns of economics in the US. Price is getting very attractive.

The whole financial sector fits into a value mode. Strong, long-term growth potential. A good area is the property/casualty area. Just pre-announced some weak results as a re-evaluation of their losses from the hurricanes last year.