RE:RE:RE:RE:RE:The Old CPG Hoover Vacuum@Bpultra: Thanks for the detailed response.
I trade a bit in my TFSA. I don't know what the threshold is in terms of active trading inside the TFSA for them to disqualify its tax-free status, but I imagine it has more to do with the balance one has within it rather than the volume of trades. Without giving too much away about myself, I was a 'non-resident Canadian' for a number of years and I lost out on earning the TFSA contribution room for those years. I can't imagine the CRA discounting my tax-free status on my TFSA as I have nowhere near the amount for it would take sense for them to flag someone.
This is the first year I have been actively trading in my margin/non-registered account. After all of the benefits the Liberal gov't issued during COVID, I am confident that the next non-Conservative gov't will change the capital gains exemption rate. It is low hanging fruit for the Liberals/NDP as only 10% of Canadians pay any capital gains tax -- and this group is not their political base. I want to realize my capital gains and pay any tax obligations I have in 2021 so as to not have to pay any accrued gains thus far at a higher rate in future years.
I don't mind paying my fair share of taxes (and I do pay a lot), but it seems every second year the CRA sends me an 'inquiry'. It irks me to no end when I have to take significant amounts of time to respond (and sometimes re-respond) to their letters, but fortunately all past inquiries have been resolved in my favor so far.