Concept
Income trust
Related concepts (5)
Jack Layton
John Gilbert Layton (July 18, 1950 – August 22, 2011) was a Canadian academic and politician who served as the leader of the New Democratic Party (NDP) from 2003 to 2011 and leader of the Official Opposition in 2011. He previously sat on Toronto City Council, occasionally holding the title of acting mayor or deputy mayor of Toronto during his tenure as city councillor. Layton was the member of Parliament (MP) for Toronto—Danforth from 2004 until his death. The son of a Progressive Conservative cabinet minister, Layton was raised in Hudson, Quebec.
2006 Canadian federal election
The 2006 Canadian federal election was held on January 23, 2006, to elect members to the House of Commons of Canada of the 39th Parliament of Canada. New details of the sponsorship scandal were released through the Gomery Commission, and the three opposition parties aimed to bring down Liberal Prime Minister Paul Martin's minority government, contending that it was corrupt. On November 28, 2005, Martin's government was defeated on a motion of non-confidence.
Paul Martin
Paul Edgar Philippe Martin (born August 28, 1938), also known as Paul Martin Jr., is a Canadian lawyer and politician who served as the 21st prime minister of Canada and the leader of the Liberal Party of Canada from 2003 to 2006. The son of former secretary of state for external affairs Paul Martin Sr., Martin was a lawyer from Ontario before he became president and the chief executive officer of Canada Steamship Lines in 1973. He held that position until his election as a member of Parliament for the Montreal riding of LaSalle—Émard in 1988.
Stephen Harper
Stephen Joseph Harper (born April 30, 1959) is a Canadian politician who served as the 22nd prime minister of Canada from 2006 to 2015. Harper is the first and only prime minister to come from the modern-day Conservative Party of Canada, serving as the party's first leader from 2004 to 2015. Harper studied economics, earning a bachelor's degree in 1985 and a master's degree in 1991. He was one of the founders of the Reform Party of Canada and was first elected in 1993 in Calgary West.
Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital.