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Thursday, June 08, 2017 4:34:52 PM
80% of Canadians are using TFSA (Tax Free Savings Account) which is a tax shelter account. So profits go tax free!
So there is a huge incentive to use this type of account and Canadians get a income tax rebate when they put money into these accounts.
Don Loki's concern was that OWCP venture or TSX listing wouldn't be eligible for TFSA but it will be eligible as I myself have invested in ICC (Paraguai company listed in Canadian TSX)?and SL.V (at the time Supreme Pharma was under Canadian Venture exchange) and both were eligible.
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