RE:RE:RE:RE:FoolsSargeX wrote: Hey Stormy
Thanks on the extra explanation on still keeping the MLP as well as the corp. I plan on going with the corp. Right now both BEP.UN and BIP.UN are in registered accounts but I'm hoping to do in kins transfers to the non-reg in the future as we draw down our RRSP/RRIFs.
I would have to think that most people woud go with the corp. As yo umentioned, anyone with the stock in their non-reg account would want to for the tax simplication.
Interesting on the CSC stuff. I saw the PM you sent as as I replied, was dismayed at why you'd be banned. Welcome back.
Ciao
Sarge
Hey Sarge!
Just to clarify: the explanation from BEP indicated that the new Corp. would be preferred by US investors and the various funds, etc. that are restricted from investing in LPs. The LP would be tax preferred for Canadian non registered accounts. For Canadian registered accounts, the two should be equal. At least, this is my understanding! Probably more detailed explanations re the tax implications will be available at the time of the proposed unit/share split.
Don't know why the Vega guy put me on ignore - but who cares! I am not a climate change denier. However, I do not believe that Canada can have an impact on climate change if going it alone while our friends in China pump out an ever increasing amount of GHGs - with no intent to stop! So I will put Vega on ignore - if that is the childish game he/she wishes to play! LOL!
Cheers!