Big Cdn Insurers Seen Getting Smaller Break from Tax Cut Pledge

The Globe and Mail, John Partridge, Tuesday, November 29, 2005Canada's three largest life insurers will likely enjoy only about half the share-price lift their bank counterparts can count on from Ottawa's pledge to lower dividend taxes, a financial services analyst is betting.One reason is that the insurers have a much larger base of foreign investors, who do not stand to benefit from the pledge,