Canadian Association of Income Trusts (CAIF) Applauds Finance Committee Decision to Hold Open Hearings on Proposed Legislation to Tax Income Trusts

TORONTO – The Canadian Association of Income Funds (CAIF) applauds the Finance Committee’s decision today to hold open hearings on the proposed legislation to tax Income Trusts.

“CAIF strongly supports this initiative which will provide Canadians the opportunity to get the straight goods on income trusts. Canadians, and their representatives in Parliament, have a right to know the truth and deserve better than the rush to judgement that has characterized the Harper Government’s approach to the income trust sector,” said George Kesteven, President, CAIF.

There are over 250 Income Trusts in Canada that are dynamic businesses which employ more than 250,000 Canadians across the country, and are a vital part of Canada’s economy.

Contact:
Brenda Paul-Ishikawa, CAIF
W: (416) 469-0188
M: (416) 420-4538
communications@caif.ca