Canadian Edge Weekly

TransForce Income Fund faced a difficult choice. Its units peaked in February 2006 above CAD19, traded just below CAD18 on Oct. 31, 2006, and slid along with the rest of the trust sector after Canadian Finance Minister Jim Flaherty’s destructive announcement that specified investment flow-throughs (SIFT) would be taxed at the entity level beginning in 2011. Read More

Stephane Dion is such a punchless opponent that the federal conservatives—hungry for a real fight—have taken on the liberal provincial government in Ontario, too. Read More

A March 11 Financial Post story labeled Jerry Antoniuk, owner of Edmonton, Alberta-based Polar Ice, a “self-described thorn in the side of the package ice industry.” He certainly brought the heat to Arctic Glacier Income Fund in Canada and seems to have sparked a US Dept of Justice (DoJ) investigation as well as a lawsuit filed in a Minneapolis federal court. Read More

Canadian Ambassador Michael Wilson has written to US Secretary of Defense Robert Gates warning that an “expansive interpretation” of the Energy Independence and Security Act of 2007 could impede development of Canada’s oil sands because of strict greenhouse gas (GHG) emissions standards included in Section 526 of the law. Read More

We’ll get to the fun stuff in a moment (a week worthy of both a “Scam” and a “Gate”), but because it’s come up largely in the US Democratic presidential nomination battle--and has assumed an even more distinct Canadian flavor in the last several days--let’s talk about the North American Free Trade Agreement (NAFTA). Read More