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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Comment by lashingon Jan 07, 2024 3:01pm
147 Views
Post# 35814703

RE:RE:More TFSA money

RE:RE:More TFSA moneyI've actively traded in my TFSA since inception. And I've been audited. THere is no rule about trading via TFSA. I have heard of people being harrassed but you just file in tax court and Rev Can will drop it because its all opinion about that is "business income" if they think you trade to much and not law. Tax Court would rule in your favor. Thus Rev Can will withdraw before that date arrives every single time. 

Pottsy wrote: Make sure you understand the rules around shares in TFSA, if you plan to trade in that account you could be at risk of tax and penalties. 


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