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Board Games 2010: Rankings for income trusts with internal management

Globe and Mail Update

These are the results for The Globe and Mail’s ninth annual review of corporate governance practices in Canada. (Scroll down to see the overall rankings for income trusts with internal management table.)

Scores for each category are calculated using a series of questions. See the questions:

You can download a csv table of these rankings at the bottom of this page, or download an excel version here:

Detailed results for income trusts with internal management

Detailed results for corporations

Detailed results for income trusts with external management

Editor's Note: Potash Corp. of Saskatchewan Inc. received a score of 95 out of 100 in the Board Games ranking of corporate governance practices this year. Potash Corp. was in first place over all in the ranking of corporations. Franco-Nevada Corp. received a mark of 77 in the rankings and tied for 38th place, while Imperial Oil Ltd. received a mark of 72 and tied for 57th in the rankings. Incorrect information was originally published in these charts. These charts (and the downloadable excel sheet) have been corrected.

Sort these results by any category by clicking on the category headers below.

  RANK COMPANY NAME INDUSTRY GROUP BOARD COMPOSITION (31) COMPENSATION (27) SHAREHOLDERS RIGHTS (30) DISCLOSURE (12) TOTAL (100) 5-YEAR % RETURN
1 Canadian REIT Financials 23 23 26 12 84 85.3
1 Keyera Facilities Income Fund Energy 24 24 26 10 84 155.8
3 ARC Energy Trust Energy 25 21 26 11 83 36
4 Chartwell Seniors Housing REIT Financials 23 24 24 11 82 -7.6
4 Davis + Henderson Income Fund Financials 23 21 28 10 82 50.7
6 Boardwalk REIT Financials 20 23 26 11 80 176.5
7 Canadian Apartment Properties REIT Financials 22 21 23 12 78 68
7 North West Co. Fund Consumer Discretionary 22 22 23 11 78 165.2
9 Enerplus Resources Fund Energy 25 15 23 10 73 -18.6
9 Primaris Retail REIT Financials 26 18 18 11 73 76.3
11 H&R REIT Financials 23 17 20 12 72 34
11 Pengrowth Energy Trust Energy 22 19 21 10 72 7.4
13 Riocan REIT Financials 21 16 22 10 69 41.2
14 Bell Aliant Regional Communications Income Fund Telecom 16 18 23 11 68  
15 Just Energy Income Fund Utilities 17 13 28 9 67 25.9
16 Peyto Energy Trust Energy 19 17 20 10 66 -13
17 Canadian Oil Sands Trust Energy 16 19 21 9 65 35.3
17 Extendicare REIT Financials 16 18 25 6 65 35.2
19 Provident Energy Trust Energy 18 17 23 6 64 11.2
20 Bonavista Energy Trust Energy 16 21 15 10 62 15.9
21 Fort Chicago Energy Partners LP Energy 24 12 20 5 61 53.4
22 Cineplex Galaxy Income Fund Consumer Discretionary 15 9 23 11 58 96.4
23 Calloway REIT Financials 14 16 19 8 57 38.4
24 Jazz Air Income Fund Industrials 21 8 23 4 56  
24 Penn West Energy Trust Energy 20 10 15 11 56 4.7
26 Baytex Energy Trust Energy 11 18 16 8 53 229.2
27 CML Healthcare Income Fund Health Care 23 2 19 5 49 14.3
28 Cominar REIT Financials 17 11 13 6 47 57.9

More Tables & Infographics