December 29, 2010 · 1 comment
in 2011, Canadian, Canadian economy, TSX, commodities, distributions, energy, income, income trusts, news and updates, oil, resources
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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According to Michael Dechter, Canadians should look at their income trusts in terms of the business they operate to decide whether they will still be good investments following the 2011 conversion to corporations.
Dechter says that the investment will continue to be good whether or not the company decides to convert so long as the underlying [...]
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Canadian business income trusts won’t all turn into pumpkins at the strike of midnight on December 31, 2010. In most cases, you will be aware of what will be happening long before that.
I’m not a taxation expert, but I’ll cover a few of the scenarios I know about here. Consider these points before you think [...]
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As you know, by 2011 Canada’s income trusts must move back to a corporate structure for tax purposes. Since the 2006 regulation, some companies have already made the move and more are continuing to do so. Here is a list of Canadian companies still operating as income trusts. There’s still a good year and a [...]
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