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sashex001

03/19/12 10:43 PM

#3831 RE: octagramt #3830

I am not sure about Canadian tax laws, but in the US you can get the money from a stock going privet and reinvest it in a stock from the same industry (or same companyas in this case) without incurring the capital gains tax.
(reference to stock washing)

I'd assume a smiler mechanism is in effect in Canada.