The Liberals missed a great opportunity. The Harper Govt killed Income Trusts saying the USA were shutting down the structure. In actual fact the USA made the MLP and REIT structures in the USA more flexible. What the USA did add was a REIT and MLP conversion tax which always existed in Canada with the Income Trust structure. To this day there is no proof of tax leakage from Income Trusts just blacked out document. So the Liberals could of announced a revised Made In Canada Solution Income Trust structure for our energy sector. The Liberals have to come clean on the Capital Gains Tax and Dividend Tax or investment in Canada will move south USA. What the Liberals can do is not allow Income Trusts in RRSP accounts so all distributions will be taxable by the shareholders . Then I would expand the Income Trust model into the Business Trust structures and Manufacturing sector. Canada needs a Made In Canada Solution.