Wednesday, July 16, 2008

Flaherty says he's not changing mind on income trusts


Flaherty says he's not changing mind on income trusts
Updated Wed. Jul. 16 2008 9:06 PM ET

The Canadian Press

CALGARY -- Ottawa is sticking to its plan to tax income trusts like corporations starting in 2011, Finance Minister Jim Flaherty said Wednesday in Calgary -- the energy industry home to many of the policy's most ardent critics.

"I think the boat has sailed on the government's position on income trusts and I don't see them backing down from it at this point,'' said Adrienne Oliver, a partner in the law firm Ogilvy Renault and co-chair of the firm's tax group.

Indeed it has (see above)


Robert Gibbs said...

Flaherty's unbalanced and twisted mind has been taken over by Forrest Gump:

"Our Conservative policies are like a box of chocolates; ya never know what you're gonna get."

Dr Mike said...

This ship has sailed & our national boat is nearly sunk.

Wonder why Flaherty is being so bull-headed about income trusts??

I guess the promises he made to corporate Canada are just too important for him to even revisit the issue for another look.

You stupid old fart trust investors , it was your fault anyway.

Dr Mike.

Anonymous said...

So why is he still in office? Got any elections and voters up there?