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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Taikun who wrote (9783)	9/26/2005 11:48:48 AM
From: a.handbag.	Read Replies (3) of 11633

What happened was that some joker came out and said that EVERY Canadian corporation would be better off tax-wise if it converted into a trust. At the same time a large number of corporations were making noises about converting, and to cap it all a bank jumped on the bandwagon. It must have looked like an unstable situation with out of control mis-allocation of capital, all due to a tax anomaly. The minister reacted in a reasonable way by saying "hang on, we have to look at this." They are looking at it with input from all parties, in a calm and deliberate manner (hey, we're Canadians) and we trust investors should do the same.

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