Stephan Dion, leader of the federal Liberal Party of Canada, promised today to roll back the tax on income trusts. Income trusts became very popular because they let companies payout a lot of their profits as taxable income to investors, allowing them to pay little corporate tax. In an attempt to stop companies from all [...]
A “Real Estate Investment Trust”, or REIT for short, is a way for investors to invest in a portfolio of one or more real estate holdings within units/shares, much like stock. REITs are heavily traded on stock exchanges and can give excellent distributions through the rent they receive from tenants within the investment portfolio. These [...]
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