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Posts Tagged ‘tax free’
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| Canadians Thank Government For TFSA |
May 9th, 2009
Canadians Say “Thank You” to the Government of Canada for Introducing the New Tax-Free Savings Account
OTTAWA, ONTARIO–(Marketwire - May 4, 2009) - On May 5, 2009, the Honourable Jim Flaherty, Minister of Finance, and the Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture), will accept a giant thank you card signed by more than 2,000 Canadians from across the country acknowledging the Government’s introduction of the Tax-Free Savings Account. The thank you card will be presented by Mr. Peter Aceto, President and CEO of ING Direct Canada. The news conference will be followed by a question and answer session.
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| News | blackburn, flaherty, government, jim, savings, tax free, Taxes, TFSA | No Comments » |
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| Important TFSA News, Resources and Links |
May 4th, 2009
Every day more and more Canadians are learning about the Tax Free Savings Account (TFSA) every day. ING Direct says about 170,000 customers have signed up since early October. At RBC Direct Investing in Toronto, Donna Nelson says more than 2% of the company’s clients opened TFSAs in the first two weeks of January — an impressive number considering RBC Direct Investing is one of Canada’s leading online brokerages.
Have you just heard about the TFSA now? Don’t worry, many people are just learning their way around as well. If you are looking for a short list of great resources on the Tax Free Savings Account (TFSA) then look no further. We have compile the following list as a go-to resource and reference for you. If you know of a valuable site that would benefit others and want us to add it, feel free to drop us a line and let us know.
Top TFSA Resources and Links
http://taxfreesavingsaccountinfo.com/tfsa-resources/
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| Resources | brochure, links, Resources, tax free, Tax Free Savings Account, Taxes, TFSA | No Comments » |
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| CNSX now approved for Tax Free Savings Accounts |
March 26th, 2009
If you own a Stock on the CNSX you will be pleased to hear that the Canadian National Stock Exchange has been added to the list of “Designated Stock Exchanges”, allowing securities listed on the exchange to automatically be eligible for registered accounts such as RRSPs and Tax-free Savings Accounts, CNSX Markets Inc. said Tuesday.
The designation, made by federal Finance Minister Jim Flaherty, came into effect on Jan. 1, under the Income Tax Act.
CNSX says it is the first stock exchange to achieve this designation since the new criteria and process were announced in July 2008. Accordingly, CNSX will be added to the list of designated exchanges posted on the Department of Finance Web site.
“This designation levels the playing field among stock exchanges in Canada and means that CNSX is competitive in all respects, including allowing investors the ability to buy and hold CNSX-listed securities in their RRSPs and their TFSAs, just as they do with other securities. Along with CNSX’s listing cost advantages and streamlined regulatory model, this will encourage more companies to choose to list on CNSX,” said Rob Cook, president of CNSX.
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| News | cnsx, investor, listing, RRSP, stock, tax free, Taxes, TFSA | No Comments » |
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