- The Ontario government announced that they are willing to purchase energy directly from individuals, presumably those that have installed solar panels or similar devices in their homes. Interesting, though I’m not sure where I would start to gather the information I would need for a business case.
- On Tuesday, TransCanada Corp. (TSX:TRP) annouced it is increasing their dividend by 5%, their sixth consecutive annual dividend increase.
- On Thursday, Imperial Oil (TSX:IMO) announced a record profit and stock split as part of their quarterly earnings report.
- Enbridge (TSX:ENB) also released earnings this week. Among its notes, profits were down slightly due to impact from last fall’s hurricane damage to its web of natural gas pipelines in the Gulf of Mexico. This has me thinking a little about this risk - aren't most climatologists forecasting increasingly violent storms in this region?
Imperial Oil 0.80%FD: I own shares in none of these organizations, though am interested in picking up one of the pipelines at some point.
TransCanada Corp. 3.60%