I used to own some NAL Oil & Gas Tr. but last time I checked their distributions are not considered as Qualified Dividends for tax purposes. My belief is that there are so many senior Canadians who rely on these CONRYS for their income that the 2011 tax increase will be forgotten , or there,ll be a revolt. Maybe they,ll have a new Gov,t by then, who knows !!
Five Oil and Gas Trust Picks [View article]