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.

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PyroGenesis Inc > Keeping the TF in TFSA.... Here's how

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Comment by Aarman4on Dec 23, 2020 5:23pm

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Post# 32174695

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

No, you SHOULDN'T be taxed......... But you certainly will be audited. If they feel you had ANY professionalism or actual "acumen" with your investing, they could potentially tax you on the gains.

Also, if you work in finance, you most certainly will be audited and likely taxed, as you are considered a pro and using it to avoid taxes.

Good problems to have, but major problems nonetheless.... Buy and hold, Buy and hold, buy and hold..... Then retire, and then worry about Uncle Ottawa.

Cheers!

Awesome1 wrote:

Awesome1 wrote: Let's say I wait 5 years and PYR explodes and I have millions. Do I get taxed when I sell?

Sorry let me clarify that. Buying Pyr and Hpq for the first time and holding it for the next 5 years and I made millions. When I sell all of it do I get taxed?