Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company is engaged in providing sustainable energy and water solutions through its portfolio of generation, transmission and distribution utility investments to over one million customer connections. The Company's operations are organized across three business units, consisting of: the Regulated Services Group, which primarily owns and operates a portfolio of regulated electric, water distribution and wastewater collection and natural gas utility systems and transmission operations in the United States, Canada, Bermuda and Chile; the Hydro Group, consisting of the hydroelectric business, which is not being sold as a part of the Renewables sale; and the Corporate Group, which includes corporate and service companies as well as its investment in Atlantica.

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Algonquin Power & Utilities Corp > Sold

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Comment by RayDonovan78on Nov 29, 2022 4:30pm

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Post# 35137834

RE:RE:RE:RE:RE:RE:RE:Sold

I did exactly what you thought years ago thinking it was a win win situation until my accountant gave me the no no finger wag....Lol

Capharnaum wrote:

RayDonovan78 wrote: Dont think so, if you sell and want to claim a loss in a non registered account, you can not buy the same stock again in any account within 30 days. And yes the CRA will catch it because they get an electronic copy of all non registered sell orders.

Capharnaum wrote:

The normal way to do this is to transfer your shares from your non-registered account to your registered account. It counts as a sale on the day of transfer so you could book the capital loss. You need contribution room though, to do this.

I just looked it up, you can transfer the stock but you're right, you can't claim the loss which kinda stinks (since, on the other hand, you have to declare the gain...).