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BC Rail sale faces refunds pot and tax loss twist
As federal approval arrives, the deal reveals refunds potentially rising to 629 million while promising no repayment. CN Rail buys past tax losses to cut its tax bill, with Revenue Canada retaining final authority. The Chetwynd Echo invites reader letters with verification details required.
MENTIONED IN THIS ARTICLE
BC Rail
Federal Competition Bureau
CN Rail
Revenue Canada
Prince Rupert
Kevin Falcon
Socred
Willcocks
Ultranet