In tfsa account you paid the tax on the money depositted. Take out gain tax exempt. Saskatchewan the corp tax haven of canada who would have thought?
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Budget 2015
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Balanced budget, good to see.
Good changes with capital gains allowance increased to 2 million per husband and wife.
Have to start investing heavier into TFSA now that limit is $10,000 per year.
This current government has knocked a lot of home runs out of the park with trade deals.
Next one up TPP?
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Balanced budget???
Took $2 billion out of contingency fund, sold $3 billion of GM share last week and now the budget is balanced.
I guess as a farmer I could sell a piece of farm equipment, take money out of my saving account or RRSP apply it towards my operating loan to cover it, then declare I had a successful year making money off farm grain sales.
If you guys are buying this balance budget crap, just wondering how you farm finances are.
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