Industry News

Edward Jones issues trust guidance

Despite the mass media coverage income trusts have received over the past three years, there remains some confusion about their structure and suitability, according to a research report from Edward Jones Investments. Far from their traditional place as income generators for widows and orphans, most income trusts are not suitable for conservative investors, the report […]

By Steven Lamb |May 30, 2006

2 min read

Bissett re-opens flagship income fund

Three-and-a-half years after it was closed to new investors, Franklin Templeton Investments has announced it will re-open its flagship Bissett Income Fund, effective immediately. First introduced in June 1996, the fund was capped in November 2002. However, since then, the income trust market has matured and broadened out significantly; investments have longer and more reliable […]

By Kate McCaffery |May 29, 2006

4 min read

Briefly:

(May 29, 2006) CCH Canadian Limited, a publisher of tax research, has launched a new guide for charities and their advisors, titled Charities, Non-Profits and Philanthropy Under the Income Tax Act. “Providing legal and accounting-related planning and guidance can be a complicated and complex undertaking,” said Ian Rhind, president and CEO of CCH in Canada. […]

By Staff |May 29, 2006

2 min read

Flaherty repeats call for national securities regulator

Federal Finance Minister Jim Flaherty has reiterated his commitment to create a national securities regulator and says he is considering a national review of the tax system. Flaherty’s comments came in response to questions following a speech delivered to the Toronto Board of Trade on Monday morning, which largely focused on the simmering issue of […]

By Mark Brown |May 29, 2006

2 min read