Ontario Securities Commission chairman David Wilson has said that Canada’s largest securities regulator will publish new rules by the end of the year to more clearly define the way income trusts should report distributable cash,

Wilson said, “What we’re working on is exactly how distributable cash should be calculated” according to a Bloomberg report from Vancouver.

The key factor is that income trusts use different methods to determine how much cash they have available for distribution. As a result, business fundamentals are difficult to determine for investors and to compare one business to the next.