Now that would have been interesting - Hibernia as an income trust.
Finance Minister Jim Flaherty told a finance committee the feds had received several proposals to just that.
Now that one would have kicked the provincial coiffers - the odd thing is - the feds remain a partner in the Consortium which includes Exxon Mobil Corp., Chevron Corp., Petro-Canada, Murphy Oil Corp., and Norsk Hydro A/S.
Can you imagine that one - the feds hiding under an income trust - reducing taxes?
The only thing Flaherty did not say was if it was seriously considered by any adninistration.
For the complete story PRESS HERE
No comments:
Post a Comment