Income Trusts To Be Included In S&P/TSX Composite Index
|Area||Corporate Finance and Securities, REITs and Income Securities|
On January 26, 2005, Standard & Poor's announced that income trusts will qualify for inclusion in the S&P/TSX Composite Index (the "Composite"), Canada's premier equity index. The Composite, including income trusts, will be regarded as the broad benchmark index for the Toronto Stock Exchange. It is expected that income trusts will be added to the Composite by mid-year.