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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: Sans Souci who wrote ()2/18/2000 10:25:00 PM
From: early player  Read Replies (1) of 548
 
My sister is an investment advisor for Hepcoe and she suggested I buy shares in Triax New Milenium Investment (kind of like Working Ventures but internet related) you will get your reg. RRSP deduction as well as Prov. and Fed. tax grants of 15% each. Catch is: You must stay in for 5 years. $5,000 max. contribution.
A little unknown perk is you get to increase your foreign content in your RRSP account by 3 X's up to 40% max.
example you buy $5000 of Triax in Canadian, now you can buy 15,000 c$ of US stocks over and above the 20% allowable up to a max of 40%.
Most people here don't have this problem I'm sure.
PS thanks for starting the thread I am a ME or Them type person. Send it to THEM Bye Bye....Take a chance on ME ME!!!! & Maybe I will have more in the end.
Kim
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