BullMarket.com Examines the Impact of New Tax Rules on Canadian Income Trusts

Date : 11/02/2006 @ 8:23AM
Source : PR Newswire
Stock : Penn West Energy Tru (PWE)
Quote : 11.31  -1.44 (-11.29%) @ 8:00PM
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BullMarket.com Examines the Impact of New Tax Rules on Canadian Income Trusts

PRINCETON, N.J., Nov. 2 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a detailed report on how new Canadian tax rules will affect Canadian income trusts, including Penn West Energy Trust (NYSE:PWE), Enerplus Resources Fund (NYSE:ERF), Pengrowth Energy Trust (NYSE:PGH), and Canetic Resources Trust (NYSE:CNE), among others.

All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves. Start your 14-day free trial today:

https://www.bullmarket.com/subscribe/index.php?refer=BMR174P

In its report, BullMarket.com wrote: "While upcoming mid-term elections are grabbing headlines in the U.S., it's a broken campaign promise in Canada that roiled at least one segment of the market today. After promising to leave the income trust structure untaxed, the minority Conservative government reversed course in a big way. The Finance Minister, Jim Flaherty, announced last night that the government is going to tax income trusts for the first time ... "

BullMarket.com looked at the following topics, among others:

-- When will the new tax rules go into effect and how will it impact investors in these stocks?

-- Is there a chance the tax rules could be revoked before they go into effect?

-- Does the recent sell-off in these stocks open a buying opportunity?

-- Are American royalty trusts now a better alternative to their Canadian counterparts?

About BullMarket.com:

Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin, +1-888-278-5515

DATASOURCE: Indie Research Advisors, LLC

CONTACT: Marcie Martin, BullMarket.com, +1-888-278-5515

Web Site: http://www.bullmarket.com/

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