Two recent examples of the absurdity of Finance Minister Jim Flaherty’s trust policy that is diverting much needed investment dollars OUT of CANADA and into foreign investment, making Canada “the last place to invest”?
Eagle Energy Trust flies using new structure
November 24, 2010
For the first time in more than four years, a new trust has launched on Canadian markets with a novel corporate structure that its founders believe can serve as a fresh template for the oil and gas sector.
Eagle Energy Trust has been created to take advantage of an exception in the new rules for trusts that allows them to avoid punitive taxes by holding only foreign assets.
OPTrust, partners create landmark REIT
Globe and Mail
Nov. 29, 2010 1
Canada’s OPTrust Private Markets Group, the pension arm of the big Ontario pension fund, is teaming up with four giant partners to create a first-of-its-kind real estate investment trust that will invest in U.S. power infrastructure.
Monday, November 29, 2010
Posted by Brent Fullard at 3:53 PM