Earnings
November 23, 2017 - BNE
New! Bonterra Energy Ltd. Q3-2017 Earnings & Price Target Update .....
November 22, 2017 - DR
New! Medical Facilities Corp. Q3-2017 & Price Target Update .....
November 20, 2017 - HLP.U
New! Mainstreet Health Investments Inc. Q3-2017 Earnings & Price Target Update .....
November 18, 2017 - ARX
Arc Resources - Q3-2017 Earnings & Price Target Update .....
November 16, 2017 - PEY
Peyto Exploration & Development Corp. Q3-2017 and Price Target Update .....
November 16, 2017 - HR.UN
H&R REIT - Q3-2017 Earnings & Price Target Update .....
November 15, 2017 - REI.UN
Riocan REIT - Q3-2017 Earnings & Price Target Update .....
November 14, 2017 - CRR.UN
Crombie REIT - Q3-2017 Earnings & Price Target Update .....
Recommendation Changes
BNE, HLP.U, PEY, HR.UN, REI.UN, more...

Fed Data Dependent - Updates: KEG, SMU,AQN, CHW, GRT, Preferred Shares

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Low volatility for markets and interest rates has temporarily changed in anticipation of the Canadian and US central banks increasing interest rates by 25 basis points, sometime in the near future. Each is likely to provide guidance regarding how they assess the future for further increases. A data dependent approach is anticipated.

Since 10 US year bond yields last peaked at 3% in January 2014 when the US central bank initiated talking about raising rates, the trend has been to lower yields in the bond market. This is contrary to what the US central bank has been advising will happen. Over the past two weeks there has been a noticeable jump in 10 year bond yields of about 25 basis points on average, but still well below the higher yields following the unexpected outcome of the US election and lower than the 3% high in January 2014. The increase in comparable bond yields is having a direct impact on share prices including the preferred shares where the two basic types of preferred shares move in opposite directions that depend directly on changes to the 5 year Government of Canada Bond yields. The economic comments this week focus on changes to the 10 year benchmark bond yields over the past two weeks and since January 2014 for perspective, and also on changes to prices for the three categories of preferred shares including recommendations.

Earnings updates include The Keg Royalties Income Fund (KEG.UN), Summit Industrial REIT (SMU.UN), Algonquin Power and Utilities Corp.(AQN), Chesswood Group Limited (CHW), and Granite REIT(GRT.UN). Included with the interest rates comments is a preferred share value analysis and recommendations.

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New Issues & Acquisition
November 17, 2017
New! Coverage Universe - Weekly Price Changes Nov 10-17, 2017
November 10, 2017
Coverage Universe- Weekly Price Changes- Nov 3-10, 2017
November 3, 2017
Coverage Universe- Weekliy Price Changes- Oct 27 0- Nov 3, 2017
October 27, 2017
Coverage Universe- Weekly Price Changes- Oct 20-27, 2017
October 26, 2017
Osisko Gold Royalties Ltd. - New Convertible Debenture
October 26, 2017
Surge Energy Inc.- New Convertible Debenture
October 20, 2017
Weekly Price Changes Oct 13-20, 2017
October 13, 2017
Weekly Price Changes Oct 6-13, 2017