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).
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..