Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > Increase of taxable capital gain: June 25th

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Comment by Alexcanadaon Apr 16, 2024 7:11pm

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Post# 35992674

RE:RE:RE:Increase of taxable capital gain: June 25th

You are right.
Hypothetical scenario : I sell 250K ARE shares in the morning, trigger the algos and rebuy in the afternoon maybe for less
With a realized 1625000$ capital gain (ACB around 10$), that's 406250$ in tax at 25% federal/provincial
and 523125$ if first 250000$ at 25% and remaining at 33.5% (if fed and provincial at 33.5%)
That's almost 29% more in tax !
now selling 250K shares as a whole during the same day is not really possible but you get the idea.

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