OTCPK:EMMBF - Post by User
Post by
ledrogon Dec 27, 2016 5:26pm
177 Views
Post# 25645331
No prohibition on Cannabis stocks inside a TFSA....
No prohibition on Cannabis stocks inside a TFSA....There have been cases where industry players have amassed small fortunes inside of a TFSA, and the CRA has looked into it.....the thought being that as industry players, they may have been using priveleged information in making trading decisions, that or they're doing it as part of their job. Here's an article on it:
https://business.financialpost.com/personal-finance/tfsa/this-bay-st-trader-managed-to-amass-1-25-million-in-his-tfsa-now-the-taxman-wants-to-know-how
If anyone has anything contrary then post the link.....I know there are bears who would want to see as little TFSA buying as possible because as a Registered Account (non margin) shares inside a TFSA can't be loaned out to short sellers.
Some retail schmo buying EMC is fine.....