RE: RE: RE: RE: RE: Salman Partners comment - cbri The best place to have the shares is in a TFSA account because you pay no taxes at all. The second place is in a taxable account because what ever gain you make you put half the cash in your pocket and pay taxes on the other half only. For example on a $ 100,000 dollar gain you put 50,000 in your pocket and pay tax on the other 50000. Lets say your tax rate is 35% that is 17,000 dollars. As far as RRSP goes if you make $100000 and your marginal taxe rate is 35% you end up paying $35,000 dollars. Even if your tax rate is only 20% you still pay 20000 which is $3,000 more than the taxable accout.