Al Rosen, in the second of a three part series in the Financial Post about the transition from Canadian GAAP to IFRS: IFRS is too weak in its current form for investors to accept on par with current Canadian standards. Nonetheless, we are on course to implement IFRS in just three years. He quotes and agrees […]

More →

Canada’s CAs have announced guidance for a key metric of income trusts, that of distrib­utable cash. The term ‘distrib­utable cash’ generally refers to the cash that an income trust could poten­tially distribute to unit holders. Investors use this infor­mation when assessing the entity’s ability to fund future distri­b­u­tions and to help value their invest­ments. But […]

More →