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.
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.
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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Polish Crews Don't Expect More Survivors
MacBreak has arrived!
Digg & Newsvine = Great Fresh Combo
Digg & Newsvine = Great Fresh Combo
Kodak has unveiled a new logo. It looks more 1970s than the last one.