Tax implicationsFirst of all if you have capital gains in a non registered account you have to pay tax once the stock is sold. You can actively trade in your RRSP all you want and the TFSA is fine to trade in as long as it's down to a few times a week if that's what you want to do. Percentage of taxes don't change just becasue you trade. For sure there is the chance to get looked at if you are making 150 trades a quarter in your TFSA but most of us know what and when to actively trade and in what account if we have been trading for years. Not sure what all this has to do with BBD and it's poor performance except using any excuse as a deflection. Sounds like sour grapes to me complaining about some making some money while one holds and making nothing but losing 40% from it's high. I would like to thank those so concerned about enlightening folks about the tax implications but don't think they should be giving financial advice here especially ones that have been holding this stock for years.