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New tax rules drag down REITs

BNN.ca staff
3:58 PM, E.T. | July 20, 2011
Best of BNN, Real Estate
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A number of REITs tumbled in trading on Wednesday after the Federal government proposed changing tax rules on what are known as stapled securities. BNN talks to Dennis Mitchell, Deputy Chief Investment Officer and Senior Portfolio Manager at Sentry Investments, for his take on what impact the new rules will have on REITs.
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