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E Split Corp T.ENS

Alternate Symbol(s):  ENSPF | T.ENS.PR.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.


TSX:ENS - Post by User

Comment by Obscure1on Sep 02, 2024 9:24am
84 Views
Post# 36205088

RE:Sooooo...Does Politics Really Matter?

RE:Sooooo...Does Politics Really Matter?

Lots of good stuff in Experienced's post

Here are some facts from  https://www.crfb.org/papers/trump-and-biden-national-debt 

that has me scratching my head over the market perception of Trump vs Biden on the issue of spending 
 

  • President Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID relief.
  • President Biden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan.
  • President Trump approved $8.8 trillion of gross new borrowing and $443 billion of deficit reduction during his full presidential term. 
  • President Biden has so far approved $6.2 trillion of gross new borrowing and $1.9 trillion of deficit reduction.

 

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