Capital gains in Canada: How to do smart tax-loss selling

Capital gains in Canada: How to do smart tax-loss selling

Use tax-loss selling to offset your taxable capital gains in Canada.
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada.  You can then use these losses to offset your taxable capital gains.

In… Read More

Expect dividend increases from these four

Rising interest rates generally reduce the appeal of income stocks, including utilities. However, recent acquisitions by these four industry leaders—and their new projects—set them up for years of higher dividends.
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $31 and CU.X [class B voting] $31; Income Portfolio, Utilities sector;… Read More

Canadian Utilities weighs asset sale

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $30 and CU.X [class B voting] $30; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.2 billion; Price-to-sales ratio: 1.8; Dividend yield: 5.2%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. It also… Read More

We like both the parent and subsidiary

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $31 and CU.X [class B voting] $31; Income-Growth Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.4 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. It also holds… Read More