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Gold/Mining/Energy : Day trading in Canada
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To: Kevin Matwichuk who wrote (1928)1/6/1999 12:56:00 PM
From: Kayaker  Read Replies (1) of 4467
 
What is the penalty for exceeding the 20% foreign content? Is it worth it in some cases??

As I understand it, it's 1% per month on the amount over the limit. I've sometimes purposely exceeded it to buy short term calls, but don't want to do it long term.
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