QUOTE:

A lot of seniors are being taken in on this because they are not getting the yields that they thought they were going to get...We want regulations to police the income trust area, to police it if people are losing their money.

“Tax leakages mean less federal money will be available for health care and social security...a federal regulator should be established to monitor trusts more closely.”

FROM: Tavia Grant and Roma Luciw
For the Globe & Mail
Report on an Ottawa Press Conference