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Another day, another investigation.

Well, well, the RCMP have confirmed that they have launched a criminal investigation into the "alleged" release of information by the Department of Finance, related to the income trust issue.

Trading in the trusts was much heavier than normal on Nov 23rd, in the afternoon, and the announcement was made at 6:oopm. The high volume of trading drove the share prices up substantially. The speculation is, that there was a leak sometime between 2:00 and 4:00pm that afternoon. It appears that Bay street already knew the details contained in that announcement. Finance Minister Goodale maintains that there was no leak, and that his department acted properly.
Intresting stuff, and not exactly what you want to happen in the middle of an election campaign. Yet another kick in the Cahones for Martin and the Liberals.

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