Minster

Finance Minister Rejects Call to Exclude Energy Trusts in Tax Plan

Canada’s Minster of Finance Brian Flaherty put politics aside on Tuesday, holding firm to a plan to begin taxing the distributable cash of income trusts in four years. The minister, who at times sparred with members of Parliament during hour-long testimony, also soundly rejected calls to exclude oil and natural gas income trusts from the proposal.

January 31, 2007