Canadian Energy Trusts Try to Stall Ottawa.

by Dual Income No Kids on December 3, 2006 · 0 comments

Good Morning and Greetings to All!

Since we DINKS have holdings in Canadian energy trusts, I wanted to let you know that there has been some news since the last time we blogged about Canroys current tax predicament. It looks like the energy trust industry and the Canadian government will be meeting. As near as I can tell from the article, the energy industry is going to try and stall for time, approximately 10 years worth of time.

While I’m not an expert, this seems like a good strategy to me. In a few years, the current government may be gone or Canada’s macroeconomic situation may change such that the tax is no longer necessary.

Clicky here for the Globe and Mail Story.

Best,

James

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