Canadian Money Forum banner

Discussions Showcase Albums Media Media Comments Tags

1-3 of 3 Results
  1. Taxation
    Hi there. Sincere apologies as I KNOW this can't be a particularly novel idea, but in poking around I couldn't seem to find a good related discussion. Apologies (again) if I missed it on this site somewhere. I have lots of carried forward RRSP contribution room. We have no debts and own our...
  2. General Personal Finance Talk
    Hi, I'm in a fortunate position where as a perk of the company I work for, I can borrow up to $350K at only 1%. I'm looking at maxing this out and just dumping all the money in a High Interest Savings account that pays 1.6%. My calculations indicate I'd make $2,100 a year for basically doing...
  3. Taxation
    Scenario: Let's say on January 1, 2010, I borrowed from a line of credit $8,000 and invested in 800 shares of a stock at $10/share. Since that time, a deduction was claimed on the interest payments associated with the revolving balance of the LOC. The LOC of credit was used to fund other...
1-3 of 3 Results