CANADIAN ROYALTY TRUST - CANROY
A mineral, oil or gas company that is systematized as a trust instead of an old school style corporation. The Canadian Royalty Trust or CANROY does not manage the gas, mineral assets or oil hands on; operational procedures are manage by parties from the outside. Since they are made as a trust, CANROY originally were not deducted at the corporate rate. This gives CANROY the capability to save an added cash, which it used to pay a bigger than minimum dividend to its investors. The government of Canada altered its tax policy.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
