Ottawa attacks! Jeff Sanford |
Jim Flaherty's surprise assault has crushed the income trust boom. Too bad the crackdown came too late, was too harsh and might do more harm than good for investors.
Copycat: BCE follows Telus' lead Andrew Wahl |
Having once dismissed the income-trust structure as a bad idea, BCE's Michael Sabia is forced to follow suit after chief rival Telus converts — and sparks a flurry of speculation about which companies are next.
