RE:RE:RE:RE:RE:Who are the real winners? the govt left it vague in order to catch the traders and will do so ... don't daytrade in a TFSA or RRSP/ RESP , and short term trades will be considered as taxable income , believe it or not ...I use an accountant who is scared of his own shadow so I'm safe ... I've been audited 3 times and they could do was tax me on the food I consumed ( that I bought at work) at work ...don't mess with the govt , they can get greedy ... GLTA
lb1temporary wrote: It's tax free but not if you use it for an ''enterprise operation''; these programs ( TFSA, RRSP, RESP) are for investment not betting actively. If you are been catched out of the rules, you lost the tax advantages. But like I wrote, they need to prove that you act with a clear pattern of ''frequent trading''