skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CWB: Is it known if the purchase of CWB by National Bank for a all share transaction will be a tax-free rollover? [Canadian Western Bank]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Is it known if the purchase of CWB by National Bank for a all share transaction will be a tax-free rollover?
Asked by Matthew on June 20, 2024
5i Research Answer:

We have not seen the takeover circular yet, but typically in a share exchange of a Canadian to a Canadian company it is considered a tax-free rollover, with an election needed however for CRA purposes. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind