Measure likely to meet strong resistance
Move to restrict pension fund holdings of income trusts causes some concern
Industry pleased with tight rein on expenditures
Ottawa also promises money to boost public health system
Spending is under control in a budget that doesn't carry a lot of election punch
The federal government is adding its voice to the increasing clamour for a single securities regulator.In Tuesday’s federal budget, the government says it supports the conclusions reached by the federally constituted Wise Persons’ Committee that delivered its final report in December. Budget documents note the federal government agrees with the WPC’s finding that the ideal […]
Will also apply under tax regulations, rules and amendments
Prohibiting schemes to unload property with unused tax credits
Policy designed to plug tax revenue leakage caused by non-residents investing in funds and income trusts
Ottawa pre-empts pension funds' participation in income trusts