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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by FullReversalon Mar 06, 2016 9:32pm
180 Views
Post# 24628379

RE:RE:RE:on the note of trading and capital gains in a tfsa

RE:RE:RE:on the note of trading and capital gains in a tfsaCRA follows the money.  So if say you invest your tax free $46.5K (not that most Canadians have this!) here and the stock doubles or triples by the summer. everything is tax free.

If you attempt to trade and make the odd $2000 and there on good trades, that that to live on, CRA might deem you to be a trader.  

If you have a full time job, you're fine.  It's the 2-bit traders and all the market guys here that trade for income that are worried.  If you break the rules, they will catch up. 

CRA does make mistakes so it's best if you get a notice to follow up.

https://www.theglobeandmail.com/globe-investor/personal-finance/thousands-hit-with-tfsa-tax-penalties/article1373088/ 

https://www.advisor.ca/news/industry-news/when-trading-profits-are-income-119954

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Bullboard Posts