From the monthly archives:
Oil and gold prices are ending 2010 on new near-term breakout highs. After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]
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Pengrowth Energy Trust (TSX: PGF.UN) will be making the conversion to a corporate structure effective January 1, 2011.
Pengrowth will trade under the symbol “PGF” on the TSX and under the name “Pengrowth Corporation.” On the NYSE, Pengrowth will likely trade under the ticker “PGH.”
Should You Sell Your Trusts Before 2011?
Pengrowth New Monthly Dividends
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From the trust’s [...]
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The CML Healthcare Income Fund (TSX: CLC.UN) will be converting to a corporate structure on January 1, 2011. The Fund’s income trust structure will be reorganized into a corporation called “CML HealthCare Inc,” and unitholders will automatically become shareholders of this new structure.
According to the information circular sent out to investors in November, “the proposed conversion [...]
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Most income trusts held meetings for unitholders to vote on proposals to convert from a Fund structure into a corporate structure some time around the beginning of December, 2010 (at least, those income trusts who had not already done so – see this list of some of the popular trusts that waited before converting).
Cineplex Galaxy [...]
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As of January 1, 2011, Bell Aliant Regional Communication Income Fund Unites (TSX: BA.UN) will complete the conversion from an income trust structure to a corporate structure.
Changes to Canadian taxation rules that come into effect on January 1st entail that Canadian income trusts will now be subject to taxation just as if they were corporations. [...]
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Stock markets reopen this year on a Wednesday. Whenever Christmas Eve and Christmas Day fall on Friday and Saturday or Sunday, the usual holidays are already taken up by the weekend. This means that many Federal institutions and businesses will declare an extra two days of holiday right after the weekend.
These extra holidays have occurred in [...]
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