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Donating BCE Securities


Last summer, an agreement between Bell Canada Enterprises (BCE) and an investment group led by the Ontario Teachers’ Pension Plan was announced. Under the terms of this agreement, all BCE securities will be acquired from shareholders at a price approximately 40% higher than their average trading price in the first quarter of 2007.

As a result, these shareholders could be forced into realizing significant capital gains on BCE holdings at the time of their acquisition by the investment group. For historical BCE share prices that will help you calculate your capital gain, you can check the following website: http://www.bce.ca/en/investors/stockinfo/stockpricehistory/.

If the shareholder donated their BCE securities to the YWCA, they would realize no capital gain and would receive a tax receipt for the full value of the securities on the day they were received into our brokerage account. The women and families who rely on YWCA community programs would benefit greatly from this gift, so everyone wins!

For more information on gifts of BCE or other securities to the YWCA, please contact:

Celia Campos
Manager, Fund Development
tel 604 895 5810
ccampos@ywcavan.org.

 

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