and 1/1/2010, it goes to 25% from 15% ! but that could be reflected already in these stocks hard to say. but a big drop in yield. could be why closed end funds in US like HTD and KYE have recovered, the US folks in CN assets are thumbing their noses at CN and their SIFT tax and 25% tax on divs to "foreigners" wait until they need those "foreigners" to invest in their mines, tar sands and timber.
the tax will be offset by 1. the strength of the canadien dollar vs the ever weakening us dollar due to us money printing, the continued rise of oil thru 2009,2010,2011 as demand increases and inflation returns due again to money printing...there are numerous other factors which all say it makes alot of sense to hold canadien trust shares.in fact it amazes me that pvx,s share price is still this low, especially since it avg 12. a share thruout the years when oil avg 60-80 barrel.at some point this stock will be under alot of upward pressure.peace