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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Comment from Tony Marino president and CEO at VET at RBC global energy conference this week:
Under the current pricing environment, the company believes its dividend and capital program to be over-funded.
Vermilion expects to cover its dividend plus sustaining capital spend at a US$40/bbl WTI price, with growth capital covered
at US$50/bbl.
The company observed its elevated dividend yield but affirmed commitment to its current levels.
Reassuring for those worried!
Read Answer Asked by Denis on June 06, 2019
Q: Thinking of 3-4 year play in some combination of this group. Risk is not the primary concern. Is this a viable strategy for a small portfolio segregated from other assets? What combination, if any, would you recommend? AYX momentum seems to be slowing. Is that a concern from your perspective?
Read Answer Asked by Joel on June 06, 2019
Q: In reading Jason Heath's article in the Moneysaver he comments that there is no US withholding tax on US ETF's held in an RRSP, but there is withholding tax on the Canadian equivalent. I am in the process of rearranging our RRIFS and have been switching to more ETFs, including US based ones. Many ETFs have both a Canadian dollar and a US dollar version of the same fund. For convenience, to avoid opening a US dollar RRIF component, I elected to go with the Canadian equivalent.

Does the withholding tax also apply to RRIFs as well as RRSPs. If so it follows that perhaps I should convert a portion of our RRIF to US dollars and then purchase the US based ETFs in that account. It is not difficult to do, just a bit inconvenient.
Your thoughts please.
Russell
Read Answer Asked by Russell on June 05, 2019