In the News Detail
news headline
Flaherty Says Canada's Energy Resources Will Buffer it From Global Slowdown
SOURCE
Canadian Press
AUTHOR
Lauren Krugel
DATE
July 16, 2008
Adrienne Oliver was quoted in several Canadian news outlets talking about the unlikelihood of the federal government changing its stance on the controversial tax on income trusts.
Excerpt
"I think the boat has sailed on the government's position on income trusts and I don't see them backing down from it at this point," said Adrienne Oliver, a partner in the law firm Ogilvy Renault and co-chair of the firm's tax group.
"Certainly from a government revenue perspective, if we are going into a global economic slowdown they're going to be looking to preserve their revenue base. Income trusts, as they previously existed, were a real threat to that."
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