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  5. SOBO: I own 300 shs of TRp, how many shares will I get in Sobo and If I sell my shs in Sobo will proceeds be taxed as a capital gain as Trp is held in a non registered account? [South Bow Corporation]
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Q: I own 300 shs of TRp, how many shares will I get in Sobo and If I sell my shs in Sobo will proceeds be taxed as a capital gain as Trp is held in a non registered account?
Asked by Terry on October 02, 2024
5i Research Answer:

Each TRP share got 0.2 shares of SOBO. The distribution is tax free to Canadians but upon dispostion of SOBO a taxable event will be triggered. 

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