RE:RE:RE:I've got questionsIf you’re Canadian, it’s in your tfsa, and a Canadian stock then you are ok to trade all you want. Otherwise any gain or loss that you crystallize, whether day trading of long term, it will be considered either income or loss. Income you will get taxed on, taking a loss you can tax deduct.
Mtl123 wrote:
Ok and when would business income come into play? Cause I've heard from people if you don't keep your stock for a while it's business income. Is day trading or penny stocks business income?