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Vol. 11, No. 50 Week of December 10, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Government won’t budge on trusts

Canadian finance minister digs in on plans to tax income trust distributions, but promises early ruling on trust growth; Pengrowth raises hopes with ConocoPhillips deal's ‘comfort letter’ from Flaherty, acquisition largest in Canada trust history

Gary Park

For Petroleum News

Canadian Finance Minister Jim Flaherty is unwavering in his message to income trusts — they will lose their tax exempt status in 2011 and nothing will persuade the government to shift from that course. In recent meetings with the trust industry and in public statements, Flaherty said all that is on....

    [additional news subjects in this story]

Pengrowth deal got ‘comfort letter’

Mission awaiting guidelines

Buyers’ market


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