Since oil has rebounded from under $80 to near the $100 level (last 2 times oil breached that level: Feb 2011 & Oct 2008), the majority of Canadian producers haven't increased their dividends.  The reason?  Since the end of the 2010 fiscal year many no longer enjoy the tax free incentives that came with being a trust due to new government legislation doing away with the tax benefits (consequently many including Baytex, Vermilion, Provident, Penn West have since converted back into corporation...
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