Masterful! That you stayed on topic despite Member attempts to diffuse your message was absolutely appropriate.

Most Canadians have not even begun to clue into the serious and unwarranted economic damage perpetrated on this unique and valuable business model and their trusting investors.

Corporations may or may not pay taxes on profits, depending upon just how many of the miriad of shelters with which they may avail themselves. On the other hand, individual income trust investors (as opposed to Institutional) paid their taxes on profits come hell or high water, either directly for a given year when they did their tax return, or later when drawing upon registered plans. But the taxes got paid!

IMHO the Finance Minister convinced the PM that reversal of the Income Trust promise represented an opportunity for oneupmanship over the Liberals by ending the dialogue and eliminating the political pitfalls once and for all. This would demonstrate qualities of daring and leadership which they perceived Canadians craved, and would reward.

That a relatively small and insignificant constituency such as the Income Trust sector and associated investors would pay a price was of no consequence. Frankly, I believe they seriously miscalculated just how massive that price would be.

They then sent out their disciples to further poison the waters. Income Trusts and their Investors were greedy; they were careless; they were stupid; they were too trusting since politicians lie all the time to get into power. And the grand-daddy of them all…they were going to lose their money anyway, since Income Trusts were unsustainable as viable investment vehicles.

Well Garth. In December I seriously doubted that you could or even would attempt to influence the public discourse surrounding this blatent Betrayal of Trust. I am no longer of that view and applaud you.

Keep up the good work.

I want to applaud you in particular and the rest of the Liberal party for
your efforts to change the so called “Taxation Fairness” related to the Income
Trust havoc.

The Liberal ppoposal is by far much superior and makes a lot more sense to
me than the present distructive proposal by the Conservatives and I fully
support your efforts and your policy.My heartfelt thanks to you and your
associates.

I am aware of your Town Hall meetings this weekend and wish I could attend
to support your policy regarding Income Trusts,but

I am too far away so I want to send my support via this email.

Thanks again.

Sincerely M. Parker