Are the dividends paid by BCE and Bell Canada “eligible” dividends?
Since January 1, 2006 and unless stated otherwise, dividends paid by BCE and Bell Canada to Canadian residents are eligible dividends as per the Canadian Income Tax Act. Since March 24, 2006 and unless stated otherwise, dividends paid by BCE and Bell Canada to Quebec residents are eligible dividends as per the proposed changes announced during the March 23, 2006 provincial Budget speech.
