longoil

11 Top Canadian Dividend Stocks Available as ADRs

and funds Al Quieda, Hamas and Hezbollah.

11 Top Canadian Dividend Stocks Available as ADRs

To expand on the previous comments about US investments in Canada.

Canada is the largest provider of oil to the USA. $150 billion dollars is spent by the USA for Canadian oil. Unlike money spent for Middle East oil which moves one way, the Canada is the largest buyer for US exports ($215 billion according to cia.gov). There is a circuluation of money between the USA and Canada, unlike the money spent for Middel East oil which never returns to the USA and is spent on royal palaces, indoor ski hills and underwater hotels.

11 Top Canadian Dividend Stocks Available as ADRs

hwood007,
Anything can happen and does happen with US firms as well.

Remember: Enron, Worldcom, Imclone, Adelphia, Bear Stearns ...... etc.

11 Top Canadian Dividend Stocks Available as ADRs

I would not consider any financial institution a top stock in my book.
I much prefer energy trusts with higher and stable dividend yields. Oil prices will only go in one direction in the long run (up, up and up)

1) COSWF pays 12% and will likely increase the dividend 20% further according to Kurt Wulff (SA contributor)
2) PWE pays 13%
3) ERF pays 12% (They announced a recent increase for September)
4) HTE pays 17%

Yes, the income trust structure will be dismantled soon, but under the new (or conventional) corporate structure will trusts continue to pay regular dividends as before.

The trick here is to properly structure trusts your portfolio.
1) Within a retirement account (IRA for USA or RRSP for Canada) the dividends are taxed and the dividend taxes are essentially lost money.
2) Outside a retirement account, the taxes paid on the dividends can deducted on your tax return and offset your total taxes due.