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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Post by Aarman4on Dec 23, 2020 2:29pm
412 Views
Post# 32170909

Keeping the TF in TFSA.... Here's how

Keeping the TF in TFSA.... Here's howHey folks, just for those that have been asking....(anybody that would like to provide links, go for it. If you don;t trust my word, then find some links, but this is what I know to be true....


It is VERY grey, and there are no exact rules........

What is said is that if you run your TFSA like a business, then you will get tyaxed like you are running it as an investment business.

This applies to High frequency trading. This applies to running it as a "tax avoidance" mechanism.

$250k you will likely begin to get audited. You want it to look like you have invested, and grown your bottom line. You do not want it to look like you are day trading, and you do not want it to look like you "know what you're doing". High frequency trading is an absolute no-no.

I do not advocate to even buy in below the line, and sell above the line. For me, my TFSA is simply to buy in, and sell with a minimal years wait on each holding, unless it is a loss.

If you read the grey fine print, just by being here on stockhouse and discussing the stock is enough for you to be shown to be a "professional" investor.


It seems to me, you get tax free investing, until they decide to take your taxes because you were too good at it......

Also, if you stay invested, I don;t believe the $250k will matter, it's when you start moving that in and out of holdings and the cash portion of your TFSA that you might get audited...


As alluded to, all good problems to have.

Buy, Hold, Sell a ways down the road.....I do that anyways, so the TFSA is a really good vehicle that I use for some of my investing.

Cheers!
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