Investment Q&A

Q: Today Enbridge Inc. (ENB) announced they are purchasing Spectra Energy Corp (SE) in an all stock deal.

I own Enbridge in my non-registered account (in order to take advantage of Canadian Dividend Tax Credit) and I own Spectra in my US $ RRSP (in order to minimize taxes on US dividends which are treated like interest income).

I want to participate in both the Canadian and US energy infrastructure (pipeline, midstream processing) market.

My question is what can I replace Spectra Energy in my RRSP with? I own Kinder Morgan (underwater), Oneok (above water) and recently sold off Williams (too much drama) in the RRSP account.

Am I better off to sell Spectra now or wait for the Enbridge merger and then sell off the Enbridge or even keep Enbridge in my RRSP as a US holding. Or do I increase my holding(s) in Kinder Morgan or Oneok?

Thanks for the excellent service.

Q: Reportedly ENB wants to raise as much as US$7 bil for general corporate purposes including reducing debt & financing capital spending,but it does not expect to spend the funds on any specific project.What is going on?The market certainly dislike as it took a sharp drop today

Q: I was allocated some subscription receipts with IPL's recent deal. I am looking to add another pipeline company with a strong and growing dividend that is fairly value or under valued if you can find one. What would you suggest? Also, do you believe that energy infrastructure should be included in our energy sector exposure or utility exposure or other?

Thanks,
Jason

Q: Peter and Ryan,
Do you have any concerns with Enbridge? My advisor called today saying he heard that they are not putting as much oil though their pipelines these days. He also mentioned that there might be a dividend cut with their high debt. I have owned the shares for about 5 years and have a nice gain on the price, but being older I like being able to collect the dividend for a long time yet. Enbridge is a 6% weighting in my portfolio at the moment.

Thank you,
Charlie

Q: A comment and a question if I may. There's so much talk about markets being at 'all time record highs' as if this is a reason in itself to sell or short. But if markets have consistently gone up over many decades, you could argue that in a historical sense the market is almost always at an all time high.

On to my question: I need to add an oil/energy stock for diversification and I'm on the growthier side of risk tolerance. Do you have a preference between RRX and ENB at this time?

Thanks 5i!

Q: Peter, could you please recommend 5 Dividend {low volatility} stocks for a long {3-5 years} term hold.

Thanks Valter

Q: which would you recommend for income growth,stability and reasonable valuation. Capital appreciation is not as important. Looking for a 2 to 3 year hold. Thanx.

Q: With gas price increase and coming heating season, which of these companies would you recommend? If your favorite is any other company, please mention. Thanks

Q: I would like to add to my portfolio one or two of the following. ENB,PPL,TRP or PPL:US. My investgation revealed that these 4 COS. are over valued, future sales and profits are not encouraging. I do not know if the dividends are sustainable. Please give me your advise on these cos. or any other co you may like to recommend. Thank you

Q: Hi, would the court decision today on Enbridge's proposed pipeline affect its stock?

Q: With down grade of Enb what effect will it have thank you

Q: With a time horizon of 10+ years, i'm looking to start a smith-maneuver portfolio to write off some mortgage interest. Could you please recommend 5-10 top picks that would be suitable for this strategy? Or would you recommend possibly an etf like CPD for something like this.

Thanks!

ps, i tried searching for previous questions in the q&a regarding this topic but couldn't find any, do you know which section they would be filed under?

Q: Guess you'll be busy w/Brexit - but wondering where I might invest some CAD & USD held on behalf of my kids in light of vote result?

Q: Can you please discuss and rank these pipelines for a 3+ year hold from a growth perspective?

thanks

Q: I have a question about Enbridge Inc. Yesterday The Oxford Club ( a US newsletter) issued a very poor safety rating on the ENB dividend. They claim ENB lacks the cash flow to support the dividend. Yet, you, and many Canadian analysts are bullish on ENB.

Q: I would like to add a pipeline to my portfolio. Which one (or two) would you recommend.

Ray

Q: ALA has been behaving poorly for an extended period of time. The dividend is approaching 7%. Is there value here ? Are there better options for long term investors? Thank-you.

Q: ENF's results looked quite good. But it's down today while ENB is up again. Can you explain the divergence. I'm getting frustrated with ENF.

Q: Hello. Enbridge Gas represents a 4% in my total investment. Other than that, my portfolio is low in energy stocks. My questions are (1) Should I count ENB as part of an energy investment? (2) What should be the ideal percentage of energy sector in a balanced portfiolio? (3) Could you suggest several energy stocks or related energy stocks that have the most potential? (4) To your opinion, it is now a good timing to enter the market? THANK YOU IN ADVANCE

Q: If purchased in US $ on a US exchange, do these companies pay their dividends in US$ Take as many credits as necessary.