Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.P.A

Special distribution

[lgross100]

I know there was one person who said the .44 will not be cash or shares to us, but rather affecting average cost base. Then why does EIT Canoe say the word pay and paying twice in their statement from Dec 22?

[Gord_Alberta]

I have been waiting for a clarification news release; suspect everyone was on Christmas holidays. EIT responded to me in writing (email) that there is no cash dividend (or shares)...

[SuperDude2]

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[Jtpatrol1]

  Maybe just stick to GIC'S there Trevor

[Scarlada1]

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[Scarlada1]

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[Jtpatrol1]

[Scarlada1]

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[Jtpatrol1]

[Joe455]

Trevor, you hate EIT and EIT hates you so please do everyone a favor and piss off.

[bcsc]

A serious rethink is indead in order, but not so much what securities you hold but where you hold them. Like many Canadians I was/am a low/middle income earner who did my duty and contributed to my RSP each year. It was only when I began planning my retirement and helping my aged mother with her taxes that I realized the full cost and limited benefits of Registered accounts. The benefit of holding

[Gord_Alberta]

Agreed; when I was in my mid-50's, all I chose to invest in was TFSA's. I actually withdrew money from my RRSP's & transferred the "so called profit" there... Short term pain for long term gain. Now 50% of my dividends are coming from my TFSA. Hopefully the federal government does not change the rules to punish my decision.

[Benson55]

I bet you it does as there is $315billion in TFSA accounts. Thats a tempting pot for any government to grab.

[gossamer4]

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