Post by
lashing on Oct 07, 2022 2:00am
windfall tax canada?
Just a matter of time until Turdeau does this https://oilprice.com/Latest-Energy-News/World-News/Czechs-Propose-60-Tax-On-Excess-Energy-Profits.html
Comment by
Gord_Alberta on Oct 07, 2022 2:33am
I have been waiting for this... For decades... Reminds me of Pierre Trudeau's National Energy Program. How can the Canadian Government enforce this if we get bought out by a U.S. company?
Comment by
Roscoe747 on Oct 07, 2022 11:35am
The Liberals have stated a policy position against windfall taxes. Not that they still won't do it regardless. This is where tax losses come into play. Gxe has ~ $2.50 per share in dividends protected by tax losses.
Comment by
JTDOUBLE on Oct 07, 2022 11:59am
Good possibility someone will run this over used the FCF from operations to pay for the company .. tax pool just another gravy for them ..