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Tax free and losing trust in Canada
Canada's business trust boom is teetering toward bust. What's an IRO to do?
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Barbara Gray, an analyst with Blackmont Capital in Vancouver, calls them ‘fallen angels’: business trusts that have cut their distributions. Her feisty research reports compare trusts to the risky high-yield bond market in the US, and her recent 2006 outlook opined: ‘We believe 2006 will mark a turning point in ...
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