Related Articles
Trusts may not be good for the economy
A little-known phenomenon just a few years ago, income trusts have exploded in popularity, driven by two complementary impulses (The Globe and Mail - 9/30/2003)
Priszm prepares fast-food trust IPO
Add tacos, fried chicken and lobster to the income trust menu, as Priszm Brandz Inc. prepares to raise more than $200-million (The Globe and Mail - 9/27/2003)
Donlee slashes trust payout for second time this year
The income trust launched 16 months ago by Canadian aerospace and military components maker General Donlee Ltd. is slashing its payout for the second time this year (The Globe and Mail - 9/27/2003)
Brascan unit plans income fund offering
Brascan Asset Management Inc. has filed a preliminary prospectus with securities regulators for an initial public offering (The Globe and Mail - 9/27/2003)
Income trusts mean tax leakage: study
The federal and provincial governments lose approximately $600-million in tax revenue each year because of the flourishing Canadian income trust industry (The Globe and Mail - 9/25/2003)
Algonquin's new management deal not as good as it looks
Never let it be said that corporate executives won't listen to their shareholders.Sometimes, faced with heated criticism (The Globe and Mail - 9/23/2003)
Atlas axes CFO after scandal
Atlas Cold Storage Income Trust has sacked its chief financial officer following an investigation that showed (The Globe and Mail - 9/20/2003)
KPMG begins examination of cross-border trusts
KPMG LLP confirmed yesterday that it has begun an examination of cross-border income trusts in light of concerns (The Globe and Mail - 9/20/2003)
Yellow Pages confident of market position
Trust Ira Gluskin to sell investing in income trusts with a golf story (The Globe and Mail - 9/19/2003)
Golfer Gluskin sees through to the green with income trusts
Directories publisher Yellow Pages Income Fund says it can still raise the prices it charges advertisers despite increased competition (The Globe and Mail - 9/19/2003)
PwC move puts chill on U.S. income trust deals
Bay Street is bracing for a freeze in cross-border income trusts as the industry grapples with growing concerns (The Globe and Mail - 9/17/2003)
Legacy's legacy has been one of management mistakes
To no one's surprise, the bad news continues to emanate from Legacy Hotels Real Estate Investment Trust (The Globe and Mail - 9/12/2003)
Legacy suspends another payout
REIT says move for third quarter is "prudent" in light of its weak earnings (The Globe and Mail - 9/11/2003)
How income trusts can benefit both buyers and sellers
The income trust boom raises a question: If all these companies being packaged up as trusts are such whiz-bang cash-spinners (The Globe and Mail - 9/10/2003)
Alliance Atlantis trust likely a three-ring wonder
With Nicole Kidman and Woody Harrelson swanning around Toronto's film festival, movies are very much on the mind these days (The Globe and Mail - 9/9/2003)
Raising the bar with income trusts
Since March 2000, Canadians’ confidence in investment markets has been beaten down by a relentless barrage of bad news. (TD Waterhouse Investor Insights - 9/2003)
Alliance spinoff is good, but for who?
The payoff for Alliance Atlantis in turning its movie distribution unit into an income trust is fairly obvious: It gets $300-million (The Globe and Mail - 9/4/2003)
Income trusts can dabble in chicanery, too
There has always been a kind of financial magic to income trusts. You take a company's profit, add back those nasty non-cash deductions (The Globe and Mail - 9/3/2003)
Alliance Atlantis spins off movie distribution unit
Alliance Atlantis Communications Inc. confirmed Tuesday that it is spinning off part of its movie distribution business as an income fund, with the proceeds to be used to reduce debt. (The Globe and Mail - 9/2/2003)
Atlas says profit overstated
Atlas Cold Storage Income Trust, one of the larger players in Canada's hot income trust market, says a probe of its 2002 results has found improper accounting practices, (The Globe and Mail - 9/1/2003)