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What to do with risky preferred shares? Don't own them at all Add to ...

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A reader recently asked what to do about some preferred shares in his portfolio that he was quite correctly worried about.

The investment he asked about was a preferred share issue from Aimia Inc., parent company of the popular Aeroplan customer loyalty program. Aeroplan announced in May that its star attraction, Air Canada, will exit to start its own client loyalty offering starting in 2020.

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