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With the U.S. debt ceiling becoming an ongoing economic issue for American politics, you may be confused about some of the terms you hear and read in the news – or worse, maybe you don’t even question them and you talk about “debt” and “deficits” interchangeably.
Taxes and spending sound equally bad too, but there are [...]
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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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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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And not just for investors in Ontario. Because of the way mutual funds are sold and fees gathered, the new, higher tax proposals would affect all mutual fund investors in Canada.
But recently, Ontario premier Dalton McGuinty said there might be some modifications to the Ontario government’s plan to levy the new 13% harmonized sales tax [...]
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