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Canadian Western Bank T.CWB

Alternate Symbol(s):  CWESF | CBWBF | T.CWB.PR.B | T.CWB.PR.D

Financial Services
Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate financing, real estate construction and project financing and equipment financing and leasing. It also provides full-service personal banking options, including chequing and savings accounts, loans, mortgages and investment products. Its banking services include online banking, ATM banking, creditor insurance, resources for seniors and order cheques online. Its CWB Business Advantage Account and CWB Business Unlimited Account offer solutions for day-to-day banking and 24/7 online access. It has its operations in British Columbia, Alberta, Ontario, Saskatchewan, Quebec, Manitoba and others.


TSX:CWB - Post by User

Canadian Western Bank > Capital Gains
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Comment by Red_Deeron Jun 21, 2024 12:29pm
134 Views
Post# 36100193

RE:Capital Gains

RE:Capital Gains
indmuny wrote: When (if) the share exchange is made, NA for CWB, is the capital gain considered realized and taxable or is it not realized and taxable until NA is sold? Can't find reference to this online; any authoritative link would be appreciated.


I have been thru a LOT of these over the past 4 decades.

USUALLY__But NOT Always__There are Somewhat Complicated
CRA ELECTIONS whlch ALLOW the DEFERRAL of the GAIN

These WILL BE Explained in GREAT DETAIL in the Actual
INFORMATION CIRCULAR which WILL BE Received by
ALL Shareholders in Due Course

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