RE:RE:WowIf it was due to the changes to the capital gains over $250k then 75% taxed it sure wasn't handled very well. Destroyed a lot of bids out there and to do it last minute in one foul swoop is bad planning. As many of those trades accross the board were 'anonymous' then it was some big entity selling, Sprott, Dundee, hedge fund, who knows ? Technically anyone making over $250k in capital gains shouldn't really be that bothered if they have to claim 75% of it because they'd already be in the top tax bracket anyway.
But haven't said that still think it was a dumb move by the government, don't meddle with the investment community, it's hard enough to make money these days as it is and to inflict further pain on this sector is just going to kill it off completely.