Post by
garyreins on Jun 24, 2024 4:13pm
Logic
I don't get how people don't see regardless if a stock has capital gains or not it was a broad-based short of the tsx index. If any Canadian pension fund or corporation wanted to save a non trivial amount of tax they needed to dump then buy back in
Shorts went to work in June due to this
Comment by
DZtrader on Jun 24, 2024 4:25pm
An entire index quite different than a sector ie reits where they have not yet seen material gains that would have been impacted by new policy.
Comment by
garyreins on Jun 24, 2024 4:32pm
traders dont have time to analyze every security, they just shorted it all to the ground. plus 10-20 year holds and index selling could have amplified it