Q: Pat, I hold Intel in a non-registered account with a capital loss showing and thinking of transferring it to my TFSA “in kind” with no tax penalty. Is Intel a suitable stock to hold in a TFSA?

A: We’re not tax experts, so you might want to consider talking to an expert—especially if there are large funds involved.

However, transferring shares in kind into a TFSA does trigger a capital gain or loss for income tax purposes.

If the investment is in a capital… Read More

Q: Hi. You recently had Citrix as an aggressive hold in your Spinoffs & Takeovers newsletter. Citrix just announced its CEO was stepping down, and the stock has been selling down since the announcement. Do you have any details as to the circumstances surrounding the CEO’s departure? Does it have anything to do with the activist investor hedge fund Elliott Management? Has your opinion on the company changed since this development? Regards.

A: Citrix Systems, $99.77, symbol CTXS on Nasdaq (Shares outstanding: 124.2 million; Market cap: $12.5 billion; www.citrix.com), sells products and services to corporations to let their employees remotely access all the software, apps and data they rely on to do their jobs.

Instead of installing individual… Read More

Veoneer links up with chip giant Qualcomm

This 2018 spinoff makes advanced driver-assistance and autonomous driving software and systems. The company is now partnering with computer-chip giant Qualcomm. The two aim to develop the software and chips necessary for advanced driver assistance and autonomous driving vehicle platforms. This deal will put Veoneer… Read More