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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  T.AQN.P.A | T.AQN.P.D | AGQPF | AQN

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by Canoutchieon Nov 29, 2022 7:33pm
203 Views
Post# 35138262

RE:RE:Sold

RE:RE:SoldSorry, but if you read the rules on allowable capital losses, then what you're proposing would also be disqualified.  You cannot buy a security, and then sell it somewhere else in the same 30 day period, and expect to claim a capital loss.

The CRA Canada Revenue Agency is aware of all the tricks that people try to pull to avoid the 30-day rule, and the income tax code prohibits most of these ploys that people try to pull.

Tonyde wrote: Uraniuman308,. 
What you could have done is to first buy in your register account,  after the trade settle then you sell the one in your non-registered account. 
Unfortunately, you did the opposite.  Well, that's the way we learn!!


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