NEWS WATCH
A few dozen income trust executives and bank analysts got together in Calgary to discuss what needs to be done in response to the government freeze on trust tax rulings. That action by Ottawa was perceived as derailing the process initiated with its Consultation Paper and turned attention to federal Department intent to shurt down the market.
iTrust Institute is studying the key features, perceived potential & benefits of income trusts starting from the premise that:
Equities managed and structured like income trusts to flow net gains through to owners by way of frequent and regular distributions of cash can offer superior rates of overall return, support market growth, enhance economic productivity and contribute to growth of the tax base with less risk than other equities given honest managers and a fully competitive market supported by open communications.
We will test this notion and explore related questions.