The Investment Counsel Association of Canada is urging individual investors to consult with their advisors before reacting to significant changes in the tax treatment of Canadian income trusts announced yesterday by the federal government.On Tuesday evening, finance minister Jim Flaherty, announced a Tax Fairness Plan proposal that will introduce a distribution tax on Flow Through […]
The surprise announcement out of Ottawa on income trust taxation has analysts suspecting that large, planned conversions will now not proceed.In a report released today, UBS Securities Canada Inc. predicts that telecom giants BCE and Telus will now no longer proceed with their planned conversion into income trusts. Any new trusts will be subject to […]
BCE shares off 13%
Federal government to push ahead with income-splitting for seniors
Approximately 15% of Goodman will be offered to public by way of an IPO
Income trust unitholders have limited rights in comparison to the rights of a company’s shareholders
A recent continuous disclosure review by Canadian securities regulators suggests that the quality of accounting and disclosure practices of many income trusts continues to deteriorate, says Standard & Poor’s, in a new report. The new report from S&P follows the Canadian Securities Administrators’ recent report on the disclosure practices of income trust issuers. “The CSA’s […]
New chairman says executive compensation will also remain a Coalition focus
Court hearing set for June 27
Two-thirds of Canadians aged 45-plus consider their retirement income needs from a monthly perspective