Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

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Pyrogenesis Canada Inc > Keeping the TF in TFSA.... Here's how

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Comment by Aarman4on Dec 23, 2020 5:23pm

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Post# 32174695

RE:RE:RE:RE:Keeping the TF in TFSA.... Here's how

No, you SHOULDN'T be taxed......... But you certainly will be audited. If they feel you had ANY professionalism or actual "acumen" with your investing, they could potentially tax you on the gains.

Also, if you work in finance, you most certainly will be audited and likely taxed, as you are considered a pro and using it to avoid taxes.

Good problems to have, but major problems nonetheless.... Buy and hold, Buy and hold, buy and hold..... Then retire, and then worry about Uncle Ottawa.

Cheers!

Awesome1 wrote:

Awesome1 wrote: Let's say I wait 5 years and PYR explodes and I have millions. Do I get taxed when I sell?

Sorry let me clarify that. Buying Pyr and Hpq for the first time and holding it for the next 5 years and I made millions. When I sell all of it do I get taxed?