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

Alternate Symbol(s): T.EIT.PR.B | ENDTF | T.EIT.UN

Financial Services Asset Management

Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the manager may determine in its sole discretion from time to time. Canoe Financial LP is the manager and portfolio manager of the Fund.

TSX:EIT.PR.A - Post by User

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 > Registered accts and Tax free accts lose , benefit ???

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Comment by Gord_Albertaon Dec 24, 2021 12:08am

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Post# 34260072

RE:Registered accts and Tax free accts lose , benefit ???

The company does not tell anyone where to hold their investments. This is a decision we make knowing the tax implications. So why would there be a potential "legal challenge"?

I know my TFSA account has no tax repurcussion. My RRSP has tax implications when I withdraw the money. My investment account has annual tax implications; my responsibility to figure things out...

bbzzzz wrote: why no provision for a "special Distribution" in tax free accounts? Is this a form of discrimination amongst account types ? A legal challenge ??

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