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Brookfield Corporation Class A Limited Voting Shares (BN)
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Brookfield Corporation Class A Limited (BN)
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South Bow Corporation (SOBO)
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South Bow Corporation (SOBO)
Q: Good morning,
I recently became aware that SOBO's dividends can be paid in US$.
Q1. Do you consider it a good idea to journal SOBO.CA holdings in a CDN$ Non Registered account to a US$ Non Registered account so that US$ can be generated in a similar manner as journaling BN shares from my CND$ Non Registered account to my US$ Non Registered account for the purpose of generating US$.
Q2. Do you see any negative aspect or tax implication with this strategy?
Thank you for your thoughts on this and I'll await your response.
Francesco
I recently became aware that SOBO's dividends can be paid in US$.
Q1. Do you consider it a good idea to journal SOBO.CA holdings in a CDN$ Non Registered account to a US$ Non Registered account so that US$ can be generated in a similar manner as journaling BN shares from my CND$ Non Registered account to my US$ Non Registered account for the purpose of generating US$.
Q2. Do you see any negative aspect or tax implication with this strategy?
Thank you for your thoughts on this and I'll await your response.
Francesco
