RE:trading/tax questionhttps://www.moneysense.ca/save/investing/cra-tfsa-accounts-court/
The CRA uses the valuation of a TFSA to flag the possibility of someone running an investment enterprise within their TFSA and living on the tax-free proceeds. The max total of a TFSA account contribution room to date is well below $100,000, so they were using the $100K valuation and large withdrawals to flag possible investment businesses being run within a personal tax-sheltered account.
Common sense would suggest that they've increased that valuation thresshold a little higher by now. Even a long-term invester can crest up over $100K with the a couple of 10-baggers and some well-timed investments in FANG stocks. (although when it comes to the CRA, common sense is not always a reasonable assumption)
Don't worry about it....unless you are, in fact, running an investment enterprise in your TFSA.