Canadian energy trusts under the gun
CIBC says tax pools hold key for trusts deciding to join corporate ranks before tax changes; Pengrowth determined to stay course
For Petroleum News
Investors looking for a clear, common signal from Canadian oil and gas trusts about their future direction once the federal government imposes new tax rules in 2011 must be left scratching their heads.
But a recent review of 22 trusts by the banking firm of CIBC World Markets offered some clarity, s....
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Majority expected to switch
Some geared to raise spending
Drop in monthly distributions by average trusts expected
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