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BCE Inc. (BCE $32.06)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $60.72)
Q: I am down 33% BCE and 18% BEPC in my non registered account. Would you sell both for tax loss purposes ? BEPC is suffering from the general negative in green stocks compounded by Trump but I like the company and would repurchase it while BCE would not be repurchased. Thanks. Derek
5i Research Answer:
We think both could be considered attractive candidates for tax-loss purposes. That being said, while we would be comfortable repurchasing the BEPC position after 30 days, we would be willing to let go of BCE for now and wait until the company pays down debt and is on a clear path to return to profitable growth.