The Company recently issued an update on the matter of the Share Trust. This communication announced that the Company has received a comfort letter from the federal Department of Finance confirming that it is prepared to recommend to the Minister of Finance that the Income Tax Regulations (ITR) be amended to allow all parties to pursue the remaining steps in the repurposing of the Share Trust.
The latest guidance is that no VSP or lump sum payments will be made before the fourth quarter of 2025. Read Bulletin here…
