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Permian Basin Royalty Trust Announces December Cash Distribution

DALLAS, — Bank of America, N.A., as Trustee of the Permian Basin Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $.175357 per unit, payable on January 15, 2008, to unit holders of record on December 31, 2007.
This month’s distribution increased due primarily to higher oil [...]

Canadian Income Trust Loyalty Management Group agree to be acquire

Canadian loyalty-card operator Aeroplan Income Fund has agreed to pay the equivalent of $759 million to acquire Loyalty Management Group, which operates the Nectar loyalty program in Britain, from a group of investors.
The income trust will pay 368 million pounds to private equity firm Warburg Pincus, LMG Chairman Sir Keith Mills and the LMG management [...]

Pengrowth Energy Trust Announces At-The-Market Equity Financing Program

engrowth Corporation, administrator of Pengrowth Energy Trust (TSX: PGF.UN) (NYSE: PGH) (collectively, “Pengrowth”), today announced that Pengrowth has entered into an equity distribution agreement with SG Americas Securities, LLC and FirstEnergy Capital Corp. (collectively, the “Underwriters”) which will permit Pengrowth to distribute up to 25,000,000 trust units from time to time through the Underwriters, as [...]

Canadian Corporate Tax Cuts Will Help Ease Pain for Income Trusts

Recently it was announced that Canada would be lowering nearly all taxes! Canada is economically very stable and has a solid future ahead of it with its vast natural resources. The government is enjoying massive surpluses even with the government increasing spending by over 10% a year; more money pours in than they can spend [...]

John McCallum challenges Flaherty with Deloitte report and Government Cover-up

Auditor General: “Parliamentarians need objective fact based information on how well the government raises its funds (taxes)”
Stephen Harper and Jim Flaherty may not believe that, but John McCallum and the Liberal Party clearly do, as witnessed by this question in Parliament on December, 13, 2007:

Deloitte’s report reveals the following failures of the Conservative policy on [...]

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