Does Canada still have plans on taxing these in 2011?
Yes....Oil trust will be taxed at the Canadian corporate tax rate starting in 2011.
If that is so then why is this one going up with a year to go, when last year it went down for the same reason??
Yes, the Canadian trusts will become taxed by Canada starting in 2011.Some such as (AAV) have converted to regular business entities or corporations in advance of the change.
I'm hoping this will mean, from a high dividend paying to a growth company so same results for the share holders.
this is old news the world has changed
simply no. in this economy tax is a very ugly word
I do believe that this is in the cards although i thought it was 2012.