Wednesday, October 31, 2007

Government Sued Over Income Trusts

I came across an article by John Partridge while doing my daily read on Globe Investor and thought that it was worth sharing.

SYNOPSIS:
A U.S. couple is currently in the process of suing the Canadian government claiming that the 2006 unexpected changes to the income trust tax laws are in breach of the NAFTA agreement.

To read the entire article please follow this link.

11 comments:

Nabloid Investing said...

I hope they win... and I hope the government has some other class action lawsuits from Canadians that were burned from the lie they told. There are consequences to what they did that many Canadians will feel for years to come.

QUALITY STOCKS UNDER 5 DOLLARS said...

Thats hard to believe.

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