The new accounts for Canadians come on line so I expect to see a flurry of investing activity in the new year. I would not be surprised if many were waiting for this very reason to begin investing.

Any Americans on the forum should bring this to the attention of your governments.

I believe they are called TFSAs

Any Canadian resident 18 or older.

Allowed to contribute up to 5 grand a year.

Your earnings within the plan are COMPLETELY TAX FREE.

You are not taxed on withdrawals.

Your TFSA contributions are not tax deductible.

You can withdraw money for any reason.

Your withdrawals can be re-contributed, in full, in a later year without affecting your regular annual contribution room.

Your withdrawals have no impact of government benefits such as Child Tax Credit Benefit or GST credit.

So with these new accounts coming on line on January 2nd, I would expect to see a flurry of investing activity.

Don