RE:RE:There are limits to trading in a tfsaAnd you are right on the money VV.
The problem CRA sees isn't as much a current one as much as it is future. Current contribution max for TFSAs for those who are old enough (sadly) is still under $100k. While there will be some that have done well with those base funds (if fully funded) the implications of 'tax free' earnings will have a definitive impact moving forward.
Look forward another 20 years, even at today's max contribution rate, we will be at about 1/4 mil plus any previous gains. Those are relatively huge dollars to be playing with while tax sheltered.
If there ARE to be issues with trading in TFSA, then I expect metrics to be defined and published so that we can manage ourselves within the goal posts. HOW many times can we trade a given stock inside a month or year. If we exceed and some form of tax is incurred can we also claim a loss on a transaction or claim our associated fees. Things like that.
Until I see some metric clearly defined however I keep my 'trading' limited to new purhases and the occasional flip after holding for due time, but that's because I generally prefer not to draw attention to myself.
In the end, nothing seen or said within this post or any of the preceeding is valid advice. If there are questions your best bet is to speak with your accountant (like, a REAL one =).
GLTA,