Bust the trusts, or stay the course?
Faced with largest trust conversion, Canadian government opts for hands-off stance; pressure builds for tougher disclosure rules
For Petroleum News
Canadian government coffers are bulging from a petroleum windfall that saw the tax take from industry profits soar to a record C$7.5 billion in 2005, C$3 billion ahead of the previous year.
Statistics Canada reported that the commodity-price-driven bonanza also pumped up oil and gas capital spending....
[additional news subjects in this story]
Telus would be largest single trust
Finance minister concerned, monitors market
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