RE:RE:PRIORITY DEBTSJohnwith30years wrote: Agree but only up to the point where credit agencies are comfortable After that it is a question of balancing growth opportunities with dividend needed to attract buyers. So they must keep an eye on peers. My point was the market will demand a4% dividend approx. so by 24 they need to raise it unles they have a great new growth story to sell
I agree with you about keeping the ratings agencies happy, but what I definitely don't want to read in a press release is a new "bet the farm" growth strategy. I think they need to continue to stay their course and let the dust settle from WGL and take on the smaller projects and opportunities where it makes sense so that they can get some market confidence back.
With the Canadian government making Canada a less enticing place for foreign investment, I'm also hoping that the CAD continues to drop against the USD, which should provide another tailwind.