Canada backpedals on taxing popular trustsFederal election campaign forces Goodale to end contentious income trust issue; says he won’t hit sector with new taxes Gary Park Petroleum News Canadian Contributing Writer
In what is being described as a deathbed repentance, the Canadian government has removed the cloud hanging over income trusts since mid-September by scrapping any thoughts of taxing the highly popular investment vehicles.
However, Finance Minister Ralph Goodale said nothing specific about whether ac....
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