Tax Information

All dividends paid by Northland since February 2011 are pursuant to subsection 89(14) of the Income Tax Act, designated as eligible dividends. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.

Northland Power Income Fund (NPIF), which converted to Northland Power Inc. at January 1, 2011, made distributions to Unitholders that were treated partly as income and partly as return of capital for income tax purposes.

The PDFs linked below provide information to former holders of NPIF Units with respect to the historical tax treatment of distributions and related cost basis of Units.

NOTE: Northland Power Inc. does not provide tax or financial advice. Investors should contact their financial advisors for situation-specific advice.

Download a PDF showing annual tax treatments from 1997 to December 2010.

Download a PDF showing how to calculate the adjusted tax basis of Northland shares converted from NPIF Units.