Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Sir Royalty Income Fund > FORKS IN THE ROAD

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Comment by alkhoron Feb 11, 2021 10:57am

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Post# 32537549

RE:FORKS IN THE ROAD

"Flaherty changed the tax code in 2006 due to the Feds losing more than $1 billion in tax revenues. "

Flaherty claimed they were losing $1 billion a year in tax revenue because he convieneintly forgot to include tax revenue for RRSP withdrawals. The Liberals had studied the issue 2 years earlier and came to the conclusion there was no tax revenue loss. Haper and Flaherty lied to get what the big companies wanted from them. Us little guys lost because of their lies.

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