Enbridge Inc T.ENB

Alternate Symbol(s): T.ENB.P.V | EBRGF | T.ENB.P.F | T.ENB.P.Y | T.ENB.P.G | EBBGF | ENBFF | EBGEF | EBRZF | T.ENB.P.H | EBBNF | ENBGF | ENNPF | T.ENB.P.I | ENBHF | T.ENB.P.J | ENB | T.ENB.P.K | ENBMF | T.ENB.P.A | T.ENB.P.N | ENBNF | T.ENB.P.B | T.ENB.P.P | ENBOF | T.ENB.P.C | T.ENB.P.T | T.ENB.P.D | T.ENB.P.U | ENBRF | T.ENB.P.E

Energy Oil & Gas Midstream

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.

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Enbridge Inc > I just sold my entire ENB position

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Comment by SargeXon Feb 12, 2022 2:44pm

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Post# 34423471

RE:RE:RE:RE:RE:I just sold my entire ENB position

It definitely is and is called an in-kind transfer. There are no trading fees BUT if going from Registered to Non-registered, the trasnferred amount will be considered income for tax purposes and if going from non to reg, then if the current price is higher than the ACB price, it will be considered a capital gain. If the current price is lower than the ACB, it will NOT be cosidered a capital loss because of the 30 day superficial rule.

Quintessential1 wrote: The transfering of equities between registered and non-registered accounts is interesting though. Is this doable without liquidating the equity?

TickerTwit wrote: Nothing is tax-free in an RRSP. It's taxed at your marginal rate on withdrawal. Perhaps you meant "tax-deferred"?

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KarlMarx1 wrote:
... any Cap Gains are tax free in the RRSP ...