Flaherty imposes new tax on income trusts

Federal Finance Minister Jim Flaherty has announced a new tax on income trust distributions in a bid to stem the growing number of companies that are converting to trusts.

TSX tumbles on income trust reaction

Market reaction to Finance Minister Jim Flaherty's announcement of a new tax on income trusts was swift and heavy Wednesday as the S&P/TSX Composite Index fell sharply. The index finished with a loss of 294.20 points, or more than two per cent, to end the day at 12,050.39.

Digg & Newsvine = Great Fresh Combo

Ever since signing up for Newsvine's Beta test way back in the day and hoping to get an invite. I was skeptical about what Newsvine will bring and if it will be anything similar to what Digg has going?

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Beta-2

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