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Rare Calgary energy income trust files for court protection from creditors

One of Calgary’s two remaining foreign asset energy income trusts has filed for court protection from lenders, following its only remaining rival into the shelter of the Companies’ Creditors Arrangement Act. 417 more words


Another energy income trust sector moves towards extinction

Calgary’s foreign asset energy income trust sector is about to follow Canadian energy income trusts into the dustbin of history, with Eagle Energy Trust announcing plans Friday to convert to a corporation and Argent Energy Trust confirming it’s eyeing a similar move. 577 more words