Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Taikun who wrote (53677)	9/25/2004 2:08:50 PM
From: Seeker of Truth	Read Replies (3) of 74559

Hello Taikun, A big US company can usually get the Canadian government to do what it wants but this surely can't apply to little investors who don't vote in Canadian elections. I think the Canadian government will place a maximum on the % of a Canadian royalty trust that can be owned by non-residents. But I somehow doubt that this will affect the RT prices much. US investors tend to be er -patriotic aka blind, and don't like to invest in foreign countries, especially in socialist Canada where you can't choose your own doctor, or so they have been lead to believe. The trusts are getting ever more popular with Canadians. For many if not most the trusts are their entranceway into investing. It's quite a trend. Amazing. The trend is propelled only by hearsay from friends. The brokers have not pushed them because, zounds, those blasted little investors hold on to the trusts, year after year. Take care, David. Malcolm

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