Thanks for the balanced US view.If you have AMT here, you simply won't collect your Old Age pension. Did not mean to suggest you get a free ride , only that while Canadians have some incentive to invest in dividend paying Canadian stocks, they take a huge risk on stranded capital losses with no other incentive to invest in startups and venture capital such as NOT. It is a tough decision to risk 53 cent after tax dollars knowing that system skewing may force you to eat 100% of any loss. There is a fundamental tax bias here against risk taking. (This was about why we/NOT should welcome Chinese money, and it appears we would mostly agree for similar reasons.).

(By the way, even when applying a tax loss of a prior year, it is considered a "tax preference" for AMT purposes. Go figure !.