U.S. tax breaks are good news for Cogeco

Radio, Peer 1, doing just fine; wireless still a maybeMONTREAL – Louis Audet doesn’t like to discuss politics, no matter how many times he’s asked to by journalists, but Donald Trump and the Republican Party have been good for the Cogeco CEO’s business.The corporate tax cut passed by the U.S. government recently will result in an estimated $89 million in reduced income taxes to be paid by its growing U.S. subsidiary Atlantic Broadband. And the company expects to pay only minimal U.S. taxes (about $10 million total) until 2025, Audet said.Chief Financial Officer Patrice Ouimet said the $89-million savings is...