TORONTO, Dec. 10 /CNW/ - Mackenzie Financial Corporation advises that MSP
2006 Resource LP (the "Partnership") expects to make an allocation of capital
gains to its Limited Partners for the 2007 taxation year. Its preliminary
estimate of this allocation, which will be made in early 2008, is as follows:
Item Amount per Unit
Capital gains $3.08
The Partnership is invested in a diversified portfolio comprised
primarily of flow-through shares of resource issuers. In order to maximize
total return, the Partnership may sell flow-through shares once the available
tax credits and deductions have been received. Because the Income Tax Act
deems the cost of such flow-through shares to be nil, the sale of these shares
may result in substantial capital gains, which the Partnership allocates to
its Limited Partners.
The amount provided above is an estimate calculated as of November 30,
2007. The actual allocation for the 2007 taxation year, which will be reported
on tax slips (CRA form T5013, or Releve 15 for residents of Quebec) to be
issued to Limited Partners in the spring of 2008, may differ substantially
from this estimate.
This estimate has been provided for information purposes only and is not
intended to be, nor should it be construed to be, legal or tax advice to any
particular Limited Partner. Limited Partners should obtain independent tax
advice from their own tax advisors.
Mackenzie Financial Corporation, a part of IGM Financial Inc. (TSX:IGM)
and a member of the Power Financial Corporation group of companies, is the
manager of the Partnership. Mackenzie, founded in 1967, manages approximately
$63.2 billion of assets for more than one million investors.
To learn more, please contact your financial advisor or visit the MSP
website at www.mackenziefinancial.com/msp.
For further information:
For further information: Catharine Marion, Environics Communications
Inc., (416) 969-2809, email@example.com