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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: sifoto who wrote (10429)	2/6/2017 6:57:36 AM
From: Theotokos	Read Replies (1) \| Respond to of 10654

He just transferred $11,000 worth of shares held into his TFSA. Legally, it means he disposed of them for either a capital gain or loss (I don't know what the shares were worth when he first obtained them), so they need to be reported as 'disposed of'. Now, any gains made in the future on those few shares are protected from tax (capital gains or future dividends). I'm not sure why he thought this was a good use of his TFSA limit, but it's a fairly common financial move in Canada.