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Strategies & Market Trends : Canadian Options -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (1181)	6/9/1998 9:57:00 AM
From: notredame	Respond to of 1598

Unfortunately, I have two major dilemmas: 1. Currency risk. Right now the US dollar is at the highest level against the CAD in a few years. I would face currency depreciation if I had an entirely US portfolio. 2. Tax incentives in Canada force me to keep 80% of my portfolio in Canadian stocks. XY, we are all hamstrung by this crap. I am waiting for the day that the banking industry in Canada is wide open to competition. That is why the majors are pairing up here. They are afraid of Chase and the rest of the big boys.

To: X Y Zebra who wrote (1181)	6/9/1998 3:51:00 PM
From: marcos	Respond to of 1598

It is inevitable that this cowardly threat against Porter will bring shame on the TSE, but it has been and will again be one of the world's best exchanges #reply-4771681 Clearly a few adjustments at the top are in order, but the TSE is the premier exchange of this country, and trades many stocks that are more undervalued or less overvalued in comparison with similar stocks from other (unnamed -g-) countries. Also, we only get 68 cents americano for our loonies right now. That's hard to take for those of us who remember getting 1.05 back when the Bank of Canada had a full ounce of gold per capita instead of the current one-tenth of an ounce. Re bank monopolies - You don't have to deal with them. Most people have the option to deal with several credit unions, and in my experience they tend to be far superior in customer treatment than the banks. They do vary widely in policies and membership restrictions and fee/interest rate structure, though, so a person has to shop around thoroughly. "Today there are a number of tools..." - damn right. We're using one of the more significant ones right now. We'll keep the right to use it if we defend that right. WE ARE ALL PORTER.

To: X Y Zebra who wrote (1181)	6/9/1998 5:01:00 PM
From: Sleeperz	Respond to of 1598

The biggest market mover, RRSP money allows only 20% foreign investments, forcing RRSP savers to invest in Canadian companies or take a big tax hit. Although there are a few ways around it through Canada Trust and TD Greenline RSP Index mutual funds. cl >>>> With due respect, and not meant as a criticism, [more being curious than anything else], but given the above scenario, together with the fact that today, one could invest from anywhere, and obtain the needed information to accomplish the same, why on earth would anybody would want to invest in the Canadian exchanges as described above.<<<<