The Bomb

Chemtrade Logistics Inc. Fund Q4/06 Results Essentially in Line; Rating Raised to Outperform; Target Increased to $9.30

Price (16-Feb) $8.31 52-Week High $8.31

Target Price $9.3052-Week Low $7.10

B. Powell

QLT Inc. Q4 Preview; Downgrading to Market Perform

Price (15-Feb) $9.92 52-Week High $9.92

Target Price $10.8552-Week Low $6.09

 C. Charette

IGM Financial Inc. Solid Q4/06 Results; Dividend Increased 7.5%

Price (16-Feb) $50.50 52-Week High $54.10

Target Price $57.0052-Week Low $42.21

 J. Reucassel

TELUS Corporation

Q4/06: Future Friendly Home Hits Wireline Margins; Wireless Reports Solid Results

Price (16-Feb) $58.50 52-Week High $65.60

Target Price $63.0052-Week Low $42.80

P. Rhamey

Boardwalk REIT Strong Q4/06 Results; No Change in 2007 Guidance

Price (15-Feb) $46.42 52-Week High $46.48

Target Price $46.0052-Week Low $22.00

 K. MacIndoe

CREIT Q4/06 Results in Line

Price (16-Feb) $32.55 52-Week High $33.25

Target Price $33.00 52-Week Low $21.14

 K. MacIndoe

West Fraser Timber Co. Ltd. Results Impacted by Depressed Lumber Prices

Price (16-Feb) $44.77 52-Week High $45.99

Target Price $50.00 52-Week Low $34.85

 S. Atkinson

Emera Inc. Q4/06 and Fiscal 2006 Slightly Lower than Expected; Market Perform Rating Unchanged

Price (16-Feb) $21.54 52-Week High $22.99

Target Price $22.00 52-Week Low $17.69

K. Taylor

Canadian Hydro Developers Inc. Fiscal 2006 EPS Lower than Expected; Market Perform Rating Unchanged

Price (15-Feb) $6.25 52-Week High $6.50

Target Price $6.2552-Week Low $4.60

K. Taylor

Northland Power Income Fund Q4/06 Results Below Expectations; Market Perform Rating Maintained

Price (16-Feb) $13.18 52-Week High $16.87

Target Price $13.00 52-Week Low $11.39

K. Taylor/M. McGowan

Kereco Energy Ltd. $19.4 Million Bought Deal Financing Closed

Price (16-Feb) $6.55 52-Week High $6.55

Target Price $8.00 52-Week Low $5.92

 M. Leggett

Student Transportation of America

Q2/07 Results Slightly Below Expectations; No Change in View

Price (16-Feb) $11.99 52-Week High $13.45

Target Price $12.00 52-Week Low $10.00

B. Powell

Amtelecom Income Fund Bell Aliant Makes Hostile Bid

Price (16-Feb) $13.60 52-Week High $13.95

Target Price $13.0052-Week Low $13.60

 P. Rhamey

Concorde

Eastern Platinum Ltd. | Damien Hackett, ELR : TSX : C$1.76 | C$731 | Buy , Target C$2.00

Site Visit Update

Emera Inc. | Bob Hastings, EMA : TSX : C$21.54 | C$238.6 | Buy , Target C$25.00

Fourth quarter results $0.06 below expectations; No change in our 2007 outlook

Northland Power Income Fund | Bob Hastings, NPI.UN : TSX : C$13.18 | C$819.7 | Hold , Target $12.00

No surprises in the fourth quarter; Introducing 2008 distributable cash flow estimate of $1.15/unit

Labopharm Inc. | Neil Maruoka, DDS : TSX : C$6.96 | C$395.1 | Buy , Target C$10.30

European Launches Progressing As Expected: Financial Results In Line

Boardwalk REIT | Jonathan Kelcher, BEI.UN : TSX : C$46.80 | C$264.0 | Hold , Target C$45.00

Strong Q4 caps an outstanding 2006; 2007 outlook bright

CREIT | Shant Poladian, REF.UN : TSX : C$32.55 | C$1,881.0 | Buy , Target C$34.75

Good Q4; Expect another robust year in 2007

Alimentation Couche-Tard | Benoit Caron, ATD.B : TSX : C$25.20 | C$5,091.4 | Buy , Target C$30.00

Quality and consistency; Initiating coverage with a BUY rating and a target of C$30.00

Nova Chemicals Inc. | Bob Hastings, NCX : NYSE : US$33.12 | US$2,734.1 | Buy , Target US$40.00

Protracted CN Rail strike could significantly impact earnings