Corporate Sub s. 132.2 Merger
Killam REIT/ KPI
Overview
At the beginning of 2016, Killam Properties Inc. (KPI) effectively converted to a REIT under a Plan of Arrangement pursuant to which...
Crombie REIT
Overview
Crombie REIT held the units and notes of a subsidiary unit trust (Crombie Subsidiary Trust), whose principal asset was most of the...
MFC Conversion to MFT
Central Fund/Sprott
Overview
CFCL is a mutual fund corporation holding gold and silver bullion that has an accrued gain of approximately Cdn.$1.7 billion. It is...
Plazacorp
Background
Plazacorp, which is a TSX-listed mutual fund corporation in the business of retail property ownership and development, wishes to...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Other - Conversions - MFC to MFT | Conversion of Plazacorp Operating Trust from MFC to REIT under internal s. 132.2 merger | 923 |
Restapling
H&R REIT
Overview
The units of the REIT are stapled to those of Finance Trust. Finance Trust holds notes of the indirect U.S. subsidiary of H&R REIT...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Other - Releveragings | 4145 |
Subtrust Elimination.
Calloway AIF
See also Calloway REIT elimination of subtrust through s. 107.4 transfer and s. 132.2 merger (including diagram)below.
Overview
Calloway currently...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Public Transactions - Other - Conversions - Open-End to Closed-End Fund | Conversion of Calloway REIT to a closed-end fund entailing the elimination of its subtrust | 119 |
Calloway OSC order
Current structure
Calloway is an open-end REIT, with a market cap of $2.8B, whose units trade on the TSX. It owns all the units of Calloway...