Standard & Poor’s says that the recent statements about income trusts and related tax issues by the federal government have led to a number of questions about plans and timing to include income trusts in the S&P/TSX composite index.
The provider of indices say it has begun a process of consultation with the Canadian Index Advisory Panel and welcomes the opinions of all index market participants.
Having received input from the marketplace, S&P says it expects to make an announcement regarding its plans in the near future.
S&P expected to make announcement on income trusts soon
Consultation on adding trusts to S&P/TSX composite underway
- By: IE Staff
- September 27, 2005 September 27, 2005
- 08:35