Investors encouraged to consult with tax advisors
REIT will continue to be managed by ING Real Estate Canada
The new tax on income trust distributions has become an election issue
Most existing trusts will either convert to publicly held corporations or will go private
Proposals include minor adjustments to TFSA rules
Oil and gas income trusts are popular with fund managers; some REITs are still attractive investments
Units no longer available for purchase
Proposed amendments would remove limits on foreign property
With U.S. investors losing $5 billion in the fallout of the income trust decision, couple argues Canada breached its NAFTA obligations
Valuations now reflect any discounts associated with future taxation