RE: Imminent federal electionSmall typo on previous post
Liberal or Concervative majority victory may not in the books this election but I can see both paties making an issue on it and the most likely scenario in my opinion is the conservative pledge to fast track 2012 corporate tax cuts to 2011 to help ease the pain of taxation of trusts thereby providing trusts with a mini-lift.
The mere announcment of this intention if it comes to happen is that income trusts rally a litle bit thereby making people feel better about this investment class and possbily making it an asset class NOT to avoid as 2011 approaches as it will be an equal playing field in terms of taxation to coporations.
I think YLO.Un will be privatized much like BCE once the financials are back to lending money again. Old article beloe helps explain how the new income trust taxes will look like.
GLTA