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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Healthcare Medical Devices
Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Theralase Technologies Inc. > New Capital Gains tax rules effective 2024 CRA
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Comment by james700on Jun 23, 2023 2:26pm
189 Views
Post# 35511778

RE:New Capital Gains tax rules effective 2024 CRA

RE:New Capital Gains tax rules effective 2024 CRACurrently if you are day trading, you will NOT be protected by the TFSA umbrella...

Can you day trade through your TFSA? While you can buy, sell, and hold stocks within a TFSA, day trading or overly frequent trading through a TFSA may be considered a business activity by the CRA and flagged for audit.


RRSPs simply defer your tax obligations and you pay tax on any gains as if it were income later on when you withdraw funds. Any funds withdrawn from your RRSP will claw back any OAS benefits you might be entitled to.

TFSA is the best vehicle for savings in the long run... 

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