Blog Updates
TransCanada Corporation May Be the Best Dividend Stock on the TSX 60

By Benjamin Sinclair

Of the highest-yielding stocks on the S&P/TSX 60, seven pay out more in dividends than they make in income. Two others - Potash Corporation of Corporation and National Bank of Canada - are making shareholders very nervous. 

Oddly enough, the last name on the list is TransCanada Corporation (TSX:TRP)(NYSE:TRP), whose Keystone XL pipeline proposal was just rejected by U.S. president Barack Obama. As of this writing, TransCanada's dividend yields nearly 5 percent and could easily be your best dividend option on the TSX 60. We take a closer look below. 

A stable business

Plummeting oil prices have not been helpful to TransCanada. As energy firms cut back on drilling, they need fewer pip

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BC Judge Backs National Energy Board Power

Court ruling does not bode well for property rights or democracy.

When it comes to energy transport projects, a British Columbia Supreme Court ruling this week confirms what CAEPLA has been saying for years, the National Energy Board (NEB) is itself supreme, and its decisions trump those of all other levels of government.

The case resolved around the eco-activist Mayor of Burnaby's use of that city's bylaws to obstruct Kinder Morgan's TransMountain pipeline expansion.

While it is not yet known whether Burnaby will appeal, the judicial reinfrocement of NEB power does not bode well for landowners. 

The ruling is a clear denial of

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Is It A Bird? A Plane?

The next time you look up, you may see the latest safety tech embraced by pipeline companies...

Landowners are the pipeline industry's "first line of defense." It's a concept industry has long touted, and one CAEPLA wholeheartedly agrees with.

But farmers and ranchers are beginning to see some competition when it comes to just who - or what - constitutes energy transport's first line of defense. And it comes in the form of technology.

Unmanned Aerial Vehicles (UAVs), or drones as they are more commonly known, first became familliar to the public from their use by the military in places like Afghanistan. 

But drone technology is increasingly being deployed closer to home. Many ranchers are using them to monitor herds, and pipeline companies are experi

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Pipeline Politics

Will Trudeau promote pipelines and make the NEB respect your property rights?

 Canada's 42nd federal election is finally over.

Justin Trudeau is in with a majority and Stephen Harper, styled by some the "pipeline prime minister," is out.

CAEPLA of course is non-partisan but that won't stop us asking what you and pipeline landowners across the country are wondering right now: what will the Trudeau Liberal government mean for pipelines and property rights in Canada.

No new major pipeline projects were completed on Mr. Harper's nearly ten year watch, despite the moniker.

We already know PM-elect Trudeau is supportive of TransCanada's controversial and long delayed Keystone XL, the Canadian leg of which was completed with CAEPLA's assist

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Donald Trump, Eminent Domain & Property Rights

"In the long run, one of the best ways to promote economic development is to respect property rights."

In the rush to stop Trump's presidential bid a lot of media and pundits have suddenly discovered property rights because Eminent Domain (government expropriation) is one of the GOP front runner's vices.

This is good news for Canadian landowners as US political topics eventually trickle into the public debate in Canada too.

This article, while a bit too sympathetic to the "hold out" argument in favour of expropriation, does point out a couple of t

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No Longer Out of Sight, Out of Mind

Industry acknowledging what CAEPLA has been saying about pipelines

"Because pipelines are buried in the ground, they are literally out-of-sight, out-of-mind," says Enbridge community relations manager Jason Manshum. Until recently "you didn't get too many people asking questions" about energy infrastructure buried underfoot, he explains here.

CAEPLA has been talking for years about what Manshum dubs a "paradigm shift" in public scrutiny of pipelines. Heightened public awareness of pipelines has brought issues like safety into greater focus, but has also made the industry targets for activists dominating the political debate who want to shut down the energy industry

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Pipeline Paralysis

Premier says energy transport better get proactive with the public...

Brad Wall is right.

It is not often we agree with, much less praise, anything a politician has to say.

But the Saskatchewan premier nailed it last week in Regina when he told attendees at the Canadian Energy Pipelines Association (CEPA) Foundation fall meeting that industry is at risk of losing the argument over the use of oil in the court of public opinion.

Premier Wall said what has needed to be said - and what the Canadian Association of Energy and Pipeline Landowner Associations (CAEPLA) has been saying - for a long time, and said it straight to the

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Anti Pipeline Group Puts Safety and Environment at Risk

Activists hope to stop replacement of Enbridge's aging Line 10.

If you ever wanted proof most environmental activists are no friends of pipeline landowners, this is it.

An anti pipeline outfit, the Hamilton 350 Committee, is plotting a protest against Enbridge's Line 10 replacement project.

You read that right: an alleged environmental group is opposing the replacement of an aging pipeline that passes through highly populated Hamilton, Ontario, en route to the US Border.

Now, if you are like most people concerned about pipeline safety and environmental sustainability, it's the agin

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Landowners Want In - On Tax Relief

CAEPLA backs payback for pipeline company.

Enbridge is looking for millions of dollars worth of tax breaks - and we couldn't be more supportive.

The Calgary-based energy transport titan is petitioning the Minnesota tax court for property tax paybacks from several counties in that state.

But why should landowners support a windfall for a pipeline company? Especially when the energy transport industry is too often guilty of enjoying the financial subsidy known as expropriation/Eminent Domain at landowner expense?

Glad you asked.

Pipeline projects are forever justified in terms of a "greater good" that includes taxes paid to governments.

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NEB Promises to "Do Things Differently"

Government needs to talk property rights with landowners - or get out of the way.

 At this summer's National Energy Board (NEB) Safety Forum, newly minted Board chair Peter Watson informed those of us in attendance that he planned to do things differently. 

As a long-time advocate of the NEB doing things differently - or better yet, not at all - I was curious. His predecessor had claimed the Board could only operate within the limitations of government legislation. So I asked Mr. Watson, publicly, what in fact he meant by "doing things differently."

His response was that he intended to consult and "talk more" with "stakeholders."

The new chair did not elaborate on who all he would recognize as "stakeholders." 

But unless Mr. Watson

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When is an Anti Eminent Domain Campaign NOT a Pro Property Rights Protest

This petition is a good example.

Let's make something clear: this petition against eminent domain is not really about respect for landowners, their property rights or safer pipelines. In fact it is simply hypocritical. These folks feel taking private property is fine as long as it benefits "them" (the petitioner) but it's not fine if it benefits someone else.

The language in the petition is the dead give away. The philosophy expressed is essentially anti market -- the foundation of which is the principle of property rights -- just like eminent domain itself.

 "Taking private property from landowners for corporate profit is an abuse of emi

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Aging Pipelines - What are the Risks?


Paul Vogel2

Canada's nationally regulated oil and gas pipelines were originally constructed more than 50 or 60 years ago. Many of these pipelines are reaching the end of their useful economic life.

The National Energy Board (NEB) has the regulatory authority to authorize pipeline companies to decommission or abandon these pipelines. While the NEB has implemented a toll surcharge to generate funds for this purpose, the abandonment funding currently being generated will be sufficient only to accomplish removal of approximately 20 percent of this pipeline infrastructure. 

Click here to Read More

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CAEPLA Landowner Journal Fall/WinterThe CAEPLA Landowner Journal publication features special feature sections, including:

1) Ottawa's National Energy Board and its disposition towards landowners;

2) The Alberta Land Bills and the impact they will have on property rights, not just in Alberta, but even elsewhere in Canada (see what the CAEPLA SmartPig has to say about that in the letters section), and;

3) What to do when the landman comes calling.

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