Posts tagged as:

legislation

Yellow Pages Income Trust (TSX: YLO.UN) converted to a corporation on Monday, November 1, 2010.  It now trades on the TSX under the name Yellow Media Inc. with the ticker (TSX: YLO).
What Happens to the Rest of Your Income Trusts Before 2011
In their Q3 news release, Yellow Media Inc. announced that distributions would be $0.35/year, [...]

-

{ Comments on this entry are closed }

.
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 [...]

-

{ Comments on this entry are closed }

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 [...]

-

{ Comments on this entry are closed }