Cutoff drawing near for 1985 to 1994 taxation years
2004 date falls later in most provinces
Policy designed to plug tax revenue leakage caused by non-residents investing in funds and income trusts
Critics say proposed policy will hinder investment
Adjustments to be limited to 10 years
Initiative designed to increase deterrence
A number of other sweeteners help small business
Taxes collected beyond any limitation period will not be reimbursed
Comments due April 30
T3, T5 reporting assistance for investors