Nw who would hit the violation button for my post re the the new accounts FOR INVESTING!

Anyone care to come forward and explain?

Check out the TSFA accounts folks!!!!

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