Post by
garyreins on Jun 21, 2024 11:55am
THEORY
Guy on prv board suggests capital gains inclusion rate from 50 to 66% is the culprit, as many big investtors with millions invested are trying to save some money, which comes into effect today.
while not a smoking gun, given the timing, it makes some sense
count on truduea to ruin things
tsx under same pressure all june
Comment by
Torontojay on Jun 21, 2024 12:14pm
Yes Gary, that could be a partial explanation. Also, the market may be expecting lower earnings ahead as another explanation.