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Hi there. I have been holding a specific stock for a number of years of a small company. However, late last year, the small company of the stock I was holding was acquired by a larger company. Rather than getting shares in the larger company, I was paid out cash for my shares in the smaller company.

At the time I was paid out cash for my shares, I made a loss from my original purchase of the shares. My question is, since I did not voluntarily execute the sale of my shares (the majority shareholders forced the deal), can I claim this as a capital loss anyways?

Unfortunately, I cannot find any information on Revenue Canada's website about forced stock sales of minority shareholders in cases of acquisitions.
 

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Also, don't forget that you can roll the capital loss back 3 years to apply against capital gains, or carry it forward indefinitely.
 
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