Peyto Exploration & Development Corp T.PEY

The $10/Gj number

[houbahop]

This is what Peyto claims it would have received this year.
After some digging, I found Peyto would have to collect the carbon tax from Cascade and remit the charge to the federal government. This amounts to $3.25/Gj.

So the $10/Gj becomes $6.75/Gj.

This reduces comsiderably the impact on my spreadsheet.

Hopefully, there are not to many more of these I ignore...

[PabloLafortune]

Does that mean our dividends are getting taxed BEFORE as well as after we receive them?

[Quintessential1]

I think the whole idea behind the dvidend tax credit is that the dividends were taxed before we received them. "The reason is that tax authorities have their eye on the big picture. “It’s all about tax integration,” says McShane, the financial planner. Think of it this way: the money you receive as dividends starts off as a company’s earnings, and the company pays corporate taxes on those

[houbahop]

Not too sure of anything with that number... It just surprises me they would sell $10/Gj, not including the various taxes. Almost too good to be true. On the other hand, like you said, it would be deceiving from them to throw a number like this which would include close to $4/Gj in various taxes. Can I repeat, they made some very deceiving claims in the recent past? History can repeat itself? J

[winafew]

Any numbers they give on the cascade gas price would only be a guess/estimate since pricing is based on the price of electricity at a given time.   On the plus side, electricity prices in Alberta are at historically high levels right now (+30 cents  /kwh) https://www.auc.ab.ca/current-electricity-rates-and-terms-and-conditions/

[bttmfischer]

winafew, maybe that is why ottawa pushes electric vehicles. They have everything figured out. Right?