Important: the deadline to provide the information required, originally set to be June 13, 2020, has been extended to October 31, 2020. For greater certainty, the statutory deadlines for filing the tax elections with the taxation authorities are not affected by this extension.

If you are a former Power Financial shareholder, the acquisition of your common shares of Power Financial by Power Corporation of Canada pursuant to the reorganization could result in a taxable gain (or loss) for Canadian income tax purposes (for your taxation year which includes February 13, 2020).

The Tax Instruction Letter referenced in Power Financial’s Management Proxy Circular and available below provides shareholders with important information on how to benefit from a tax deferral for Canadian income tax purposes and on how to use the Tax Election Assistant.

The Tax Election Assistant is available to assist shareholders in providing the information required to make a tax election in order to benefit from the tax deferral. You can access it here: https://tax.ca/PowerCorp2020.

WHEN
February 11, 2020
9:00 a.m. (Eastern time)

WHERE
InterContinental Hotel 
Sherwood-Stratton Hall 
360 Saint-Antoine St. W.
Montréal, Québec H2Y 3X4