For historical distribution amounts, please see distribution information.
All Capital Shares and Preferred Shares were redeemed on August 5, 2009. Preferred Shares were redeemed at $27.45 per share.
Dividends other than the capital gains dividends received by individuals on the Preferred or Capital Shares will be subject to the normal gross-up and dividend tax credit rules applicable to dividends received on shares of a taxable Canadian corporation.
The amount of any capital gains dividend received by a holder of Preferred or Capital Shares will be considered to be a capital gain of the holder in the taxation year in which the capital gains dividend is received.
Return of capital payments to a holder of Preferred Shares will not be subject to tax but will reduce the adjusted cost base of the Preferred Shares to the holder.
The Company qualifies as a "mutual fund corporation" and a "financial intermediary corporation" as defined in the Income Tax Act (Canada). As a result thereof and after deduction of expenses in computing its income, the Company does not anticipate that it will be subject to any material net non-refundable tax liability.