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From the Opalesque team:

Energy resources comprise an enormous amount of Canada's industry and during the latest Opalesque Roundtable (Canada) the managers discussed how energy trust conversions will provide opportunities and how technology will effect the resource markets during 2010.

Trust conversions The announcement that taxes would be imposed on Canadian Royalty Trusts occurred in October 2006 and will take effect in 2011. With this deadline looming trusts have been converting to taxable corporations and more are expected to convert during 2010. According to a budget approval announcement released this week ARC Energy Trust, which has a value of $5.4bn, will be one such conversion during 2010.

As these conversions continue firms such as Canada based Marret Asset Management will look to take advantage of opportunities they expect will arise. "As trusts are forced to convert to taxable corporations, they will be splitting the trust into debt and equity pieces," noted Barry Allen, President of Marret Asset Management during the Opalesque Roundtable, "How will the debt component be priced? We believe it will be relatively cheap. The conversions will create a lot of opportunities."

Technology Canada has 178 billion barrels of proven oil reserves, an amount that ranks secon......................

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