Handling IR for a Canadian income trust is not an enviable position these days. The sector is down around 20 percent and trusts are having a hard time getting new investment following the Canadian finance minister’s surprise October 2006 decision to tax them.
Handling IR for a Canadian income trust is not an enviable position these days. The sector is down around 20 percent and trusts are having a hard time getting new investment following the Canadian finance minister’s surprise October 2006 decision to tax them.
‘A lot of us have retail holders, who tend to be quite expressive,’ says George Kesteven, president of the Canadian Association of Income Funds. ‘Many people have lost money so we have a number of unhappy investors,’
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