Tax - Adjusted Cost BasePrint

For former limited partners of Canoe and EnerVest Flow Through Share Limited Partnerships:

When you sell any shares of Canoe Energy Class, you will want to know the adjusted cost base (ACB) per share to determine capital gains or losses for tax reporting. The table below lists the ACB per share of Canoe Energy Class at the time of rollover. It is important to note that any capital gain dividend reinvestment will increase the ACB. 

  • Reporting capital gains: Each shareholder is responsible for reporting the proper taxable capital gain or loss on their income tax return.
  • Conversion factor: To determine the number of Canoe Energy Class shares received after the rollover, multiply your number of Limited Partnership units by the conversion factor.

Adjusted Cost Base per share of Canoe Energy Class

Canoe
Limited Partnership
Transfer Date of
Assets to the Fund
ACB per Share Conversion Factor
2015 CDE December 16, 2016 $2.72550 1.126424
2015 CEE December 16, 2016 $2.02817 1.068692
2014 CDE February 12, 2016 $2.18432 0.889760
2014 CEE February 12, 2016 $0.00757 0.570562
2012 CDE January 14, 2014 $1.521760 2.284820
2012 CEE January 14, 2014 $2.50009 1.704531
2011 CDE March 27, 2013 $1.04381 1.719403
2011 CEE March 27, 2013 $1.38357 1.354108

 

Adjusted Cost Base per share of EnerVest Natural Resource Fund Ltd.

EnerVest 
Limited Partnership
Transfer Date of
Assets to the Fund
ACB per Share Conversion Factor
2009 CDE March 29, 2010 $0.00002 1.450664
2009 CEE March 29, 2010 $0.46403 1.077513
2008 August 25, 2010 $2.68170 1.756896
2007 II June 30, 2009 $0.47783 0.766131
2007 June 30, 2009 $0.38483 1.168917
2006 II April 30, 2008 $6.72195 1.520505
2006 April 30, 2008 $2.34025 0.928656
2005 September 7, 2007 $7.12648 0.75
2004 March 30, 2006 $3.85980 1.27
2003 July 28, 2005 $3.18038 1.52
2002 October 21, 2004 $2.47787 2.11
2001 December 4, 2003 $2.11750 2.58
2000 December 10, 2002 $2.28010 1.27
1999 December 11, 2002 $7.5280 -
1998 December 31, 2001 $3.5368 -
1998 - 1 December 31, 2001 $5.6856 -
1997 - 4 2000 $1.5703 -
1997 - 2 2000 $2.7255 -
1997 - 1 2000 $2.7223 -
1997 2000 $3.1572 -

 

Investors should consult their tax advisor for all tax-related matters. This website is not intended to provide specific individual advice, including, without limitation, investment, financial, accounting or tax. Please consult with your own professional advisor regarding your particular circumstances.