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52 comments on Income Trusts and the Canadian Energy Sector

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mbkennel on November 21, 2006 - 2:40pm Permalink | Subthread | Parent | Comments top
It's very unusual to make new policies which suddenly alter market value of major, widely held investments by declaring their fundamental business model to be illegal.

For instance, if the Federal government suddenly declared all extant municipal bonds to be subject to tax, what would the reaction be.

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JustZisGuy on November 21, 2006 - 3:11pm Permalink | Subthread | Parent | Comments top

It's very unusual to make new policies which suddenly alter market value of major, widely held investments [..]

Right.  I'm with you.


[..] by declaring their fundamental business model to be illegal.

Ummm, perhaps we need to buy everyone here a dictionary.  They did no such thing.  I sure hope income trusts aren't "illegal", anyway, because I own units in a bunch of 'em.

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52 comments on Income Trusts and the Canadian Energy Sector

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