Looking for insight on yesterday's income trust conversion proposals?

    Ernst & Young sources are available to comment

    TORONTO, July 15 /CNW/ - Yesterday, the Government of Canada issued draft
legislative proposals that sketch a roadmap for income trust conversion in
this country. What options are available? How will income trust conversion
roll out here? What will trusts look like after conversion?
    Ernst & Young's tax specialists can provide a technical breakdown of
yesterday's proposals, and greater insight on what this announcement means for
Canadian income trusts.

    About Ernst & Young

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For more information please visit ey.com/ca.

For further information:

For further information: Amanda Olliver, amanda.olliver@ca.ey.com, (416)
943-7121; Julie Fournier, julie.fournier@ca.ey.com, (514) 874-4308

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