Posted on 03/05/08
Income trusts lost their lustre, but soldier on
WHAT WE'RE UP TOLet's call this a "where are they now?" exercise involving the Canadian income trust fund category. Seven years ago, this category did not even exist. Then, income trusts hit the big-time and all sorts of fund companies were creating products to capitalize on the trend. Income trusts lost much of their appeal when the federal government announced they'll be subject to a new tax in 2011. However, the income trust fund category soldiers on. Let's see how it's doing these days.
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