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 30, 2022 8:27am

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Post# 35139017

RE:RE:RE:Sold

Your right 30 days is 30 days. You can not claim a loss whether you buy or sell first. Not worth trying in my opion and a good accountant wont do it anyways.

Canoutchie wrote: Sorry, but if you read the rules on allowable capital losses, then what you're proposing would also be disqualified. You cannot buy a security, and then sell it somewhere else in the same 30 day period, and expect to claim a capital loss.

The CRA Canada Revenue Agency is aware of all the tricks that people try to pull to avoid the 30-day rule, and the income tax code prohibits most of these ploys that people try to pull.

Tonyde wrote: Uraniuman308,.
What you could have done is to first buy in your register account, after the trade settle then you sell the one in your non-registered account.
Unfortunately, you did the opposite. Well, that's the way we learn!!