Dear clueless...my statement was that NOT ALL canadian companies who were TRUSTS are being converted to taxable corporations. I merely noted that certain trusts such as NOIGF are remaining that way..Why was PVX different?? Next time don't be such a clueless jerk, and read what is posted..Semper Fi..
No you are the one who has it wrong.
NOIGF is converting on the same date as PVX and is reducing the payout by a very similar % (22% for NOIGF versus 25% for PVX).
The vast majority of the Canadian trusts will convert to corproations by end of this year. A handful are not (I have only heard of 1 that isn't, although there are probably a few others).