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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s):  CGIFF | T.CHE.DB.F | T.CHE.DB.G | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials
Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.


TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Drip it for now
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Comment by TimeBuilderon Mar 28, 2021 11:19am
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Post# 32894768

RE:Drip it for now

RE:Drip it for nowMAGIC 27  Good Plan on your part...Based on your factor( age) 
Note:.We Dripped everything  including CHE.un in our RRSP's  until we were forced @ 71 to convert into RRIF's & at that point we were forced to make annual taxable withdrawals...So CASH is required from these accounts to make the payment transfers required by the CRA  ( tax man). Currently we only DRIP (to our advantage) in our TFSA  accounts (eg BTB.UN) as a CDN these TFSA accounts should always be maxed before making a deposit in any RRSP's   IMO  TFSA's are a tax free savings plan while RRSP's are just a tax deferring savings plan.  Sounds like you are on the right track in long term investing..  Regards & all the best in the market place, TimeBuilder  PS: our profile still holds true as we age...  :>)
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