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  5. ERF: As the acquisition of Enerplus by Chord is now complete, has it been communicated what the tax ramifications are for Canadian holders of ERF? [Enerplus Corporation]

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Q: As the acquisition of Enerplus by Chord is now complete, has it been communicated what the tax ramifications are for Canadian holders of ERF? Is it considered a deemed disposition of ERF shares at the value of the Chord shares plus cash received?
Asked by Scott on June 06, 2024
5i Research Answer:
Yes; because it was a cross-border transaction it is considered a deemed disposition. " Such a...
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