Income Trust Under Fire in Canada

Speaking at a recent "investor day" event in Canada, Yellow Pages Group CEO Marc Tellier urged the national government to go easy on the income trust model, which has become a popular tax-advantaged ownership structure in Canada. Tellier is clearly concerned that the government, which is making noise that the trusts cost the treasury, will kill (or at least injure) a goose that has laid golden eggs for investors, including those in YPG. Here is a link to the story.