The Answer of course is yes.  It is not as simple as it is in Corel Photo paint but it can be done easy enough:

After creating your layer, select the pick tool, that is the arrow not the hand.  Then maximize the picture, you can now see the handles of the layer.  With the handles you can resize, move, rotate, etc. If you can't see the handles, use you mouse wheel or tablet button to zoom out until they are visible. 

If you do not maximize the picture, you will still be able to find the handles using the pick tool, but it is a lot harder and you will be shooting in the dark until you move the layer enough to see the handles.

Hope this helps.

Matika,

Sorry for the long pause between you posting and me replying, I did see it but I've been off sick with some neck pain probs for a while.

I don't like maximising the image as I feel like I loose control that way, what I do is reduce the image size and then pull the image borders out a bit so that the image sits in a grey area that isn't canvas - using the pick tool as you explained - I could then see the image's, or rather the layer's, corner handles etc.

I also noticed - being unfamiliar with PaintShop and thus trying things - that if you hold down the ctrl key when selecting a corner - you can then move that edge of the canvas to create (or remove) distortion like perspective distortion. 

Depending on which way you move the cursor you can move either edge that the corner is a part of - neat!

I also noticed that rotation is also available but unlike PhotoShop, it's not at each corner but attached to the centre via that ... arm, coming from the central point. 

Nice that rotation is easily avalable too.

Thanks very much for posting this.

FranOnTheEdge