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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Liberals to propose corporate stock buyback tax
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Post by PlutusofCrete on Nov 03, 2022 11:22am

Liberals to propose corporate stock buyback tax

https://www.bnnbloomberg.ca/liberals-to-propose-corporate-stock-buyback-tax-in-fall-economic-statement-cp-source-1.1841316

BIR can just stick to the base and special divys.
Comment by AboveBoard on Nov 05, 2022 4:49pm
  maybe the Liberal cabinet should have a special tax on their salaries plus a pay cut?  
Comment by AboveBoard on Nov 07, 2022 12:07am
Liberals need to go. A tax on share buybacks will hit the oil and gas sector https://www.cbc.ca/news/canada/calgary/oil-and-gas-sector-tax-share-buybacks-1.6641296
Comment by Burgersandfries on Nov 07, 2022 12:10pm
This will be a complete nothin burger doesn't even start  till 2024 most companies will have bought what they want by then  . A 2 percent tax is nuthin!
Comment by checkup on Nov 07, 2022 7:43pm
It is however a stupid tax and indicates that the Freeland is ignorant of how public companies operate.  
Comment by Burgersandfries on Nov 07, 2022 10:15pm
Agreed.... this is nothing more than trying to show that they are trying to do something to those that hate oil and gas... yet it's almost like she and justy didn't really want to bite the hand that feeds them. Kinda smart sort of :)
Comment by AboveBoard on Nov 08, 2022 6:02pm
  test the waters first before they have something else up their sleeve?  Don't trust Trudeau.  You never know nowadays. in the states....election today.  Will cheating occur?   Interesting article on jobs in US. https://www.zerohedge.com/news/2022-11-07/warning-none-jobs-created-last-month-were-real  
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