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Speaking at a recent "investor day" event in Canada, Yellow Pages Group CEO Marc Tellier urged the national government to go easy on the income trust model, which has become a popular tax-advantaged ownership structure in Canada. Tellier is clearly concerned that the government, which is making noise that the trusts cost the treasury, will kill (or at least injure) a goose that has laid golden eggs for investors, including those in YPG. Here is a link to the story.

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