Investment Q&A

Q: Good morning,

BEP,UN is classified as energy in portfolio analytics, should it not be under utilities?

Thanks for the unique service you provide followed your suggestion on NVDA after 2 splits my cost base is 3.80$ only problem is the taxman with clawback at 91 000 already reached and at 107 000 combined rates plus clawback in quebec is 65 % ????
I put all the money, work, risks for one third of profit!!
I see no way around this do you have any suggestion or resources to address this.
I won't ventilate to much as my language would not be proper.
Thank you !

Q: Which Canadian companies will be most impacted by the new capital gains tax. Appreciate your insight.

Q: I am considering buying HXS but noticed the mer is .11% and the ter is .30% for a total of .41%. This seems huge, especially given other S&P 500 etf's like VFV have a ter of 0. Why is this?

Q: Sold both for tax loss.
Wondering about proxies for both. Could you suggest a couple? If the proxy goes up in the 30 days, I presume you would keep the proxy until it changed direction. What is the thinking on this process. What if it goes down?
Thanks on your thoughts
John

Q: How is the $1.84US payment to ERF shareholders as part of the transaction treated with respect to taxes? Is this treated as a dividend? Do I calculate the cost base using the CHRD value on transaction day?

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?

Q: Retired. This question is regarding the proposed June 25/24 tax changes.

I have unrealized capital gains of $110k and my wife has $30k. We also have a house worth roughly $5-600k.

4 questions:

1. My understanding is, upon the last death of my wife or I, the proceeds of the house will pass on to our beneficiaries (our kids)....tax free. Correct?

2. My wife's $30k unrealized CG isn't large enough to warrant being proactive. Agree?

3. My $110k unrealized CG is large enough to at least look into it further. My largest unrealized CG is in WSP (even though I have trimmed it 18 times) = $32k.

I see 2 options = #1 is do nothing because the house doesn't factor in and the $110k is well below the $250k threshold. #2 = sell some or all of WSP, then buy it all back the next day.

Any thoughts, knowing you can't provide personal advice?

4. Just to confirm, because WSP would be sold for a capital gain, there is no need to wait 30 days to rebuy....agree?

Thanks...Steve

Q: My question is about the increase capital gains tax.

Assume a corporate account has a
$100,000 capital gain on 3 stocks at this time.
Would one be better off selling and buying those back before the June deadline and saving an estimated $6,000 or just staying put and let the stocks grow and pay the increased tax at a later date when sold.?

I realize their are many assumptions but I'm interesting in a general opinion on a hypothetical scenario.

Q: Hi Peter,

Not sure if this is a question that you have seen before.

Can a person transfer an RRSP in kind to a RRIF?

Currently my wife has a LIRA, TFSA and an RRSP.

She will start drawing down on her investments in two years.

I’ve read somewhere that if you transfer the RRSP into a RRIF that you are not subject to withholding tax.

While I understand that taxes will need to be paid eventually, I would rather settle that up at tax time and can do that out of any account.

Thanks in advance.

Q: Are ZSP and XUS also good candidates for RRIF? Are tax withholding rules on dividends for ZSP and XUS the same in RRSP and RRIF? Thanks in advance for your comments.

Q: June 25th - Inclusion rates go up.
Do you think that there might be some profit taking from now up to that date?
Maybe the number of people making a profit >$250K on selling shares isn't enough to nudge the market.
Cheers

Q: Sorry about this tax loss question but I find it a little confusing regarding the minimum 30 day waiting period.
If I sold all my BCE shares on April 16 for a loss.
What is the "earliest" exact date I can start buying BCE back and still claim
the loss in my taxable account?

Q: Good morning, you mentioned these securities in a reply to a question by James on May 13. Could you please add some comments around taxation of the returns, especially if in either TFSA or non-reg account. Thank you

Q: You recently answered about RRSP being the ideal account to hold viu in to minimize withholding tax - does this apply to VEE and ZSP too?

Thanks in advance. - Jeff

Q: Hi there,
Part of the $11.25Us settlement for TCN is return of capital ($3.10). Do we have to adjust the ACB for this amount, or this is only wording ?

Q: Hi

Is there a preferred account in which to hold VIU from a tax perspective?

Thanks
Robert

Q: I would like to increase my industrial exposure. Which is your favourite, TVK or HPS-A for total growth . Thanks
Maurice

Q: I am looking for interest from investments that will enable me to claim the tax credit, this in a non registered account. When buying,how/where can i check to see if a stock or ETF or .un only pays out interest in order to avoid part of the return in ROC
Tks
Sherrill

Q: I apologize if this is a dumb question, but with regard to the new capital gains inclusion rate for gains in excess of $250k, does this change also apply to losses in excess of this amount as well? Or is the new policy 100% asymmetrical, and losses are still at 50%?

Q: Hello
What are the differences between these two and what are the advantages of one over the other. I have BEPC-UN in a taxable account and wonder would I be better served, re taxation, to switch it over to BEPC.
Thanks
Jeff