Quote:
Originally Posted by Muta
How would you even track that? What's stopping someone from investing an additional $5K in a Canadian company, then turning around and withdrawing that and investing it somewhere else once that quota is met?
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That's no different then what you can do already.
You earn tax free 'returns' - Capital Gains, Dividends, Interest on money in the TSFA. At any point you can withdraw and invest elsewhere/do whatever
So effectively they are creating a 2nd TSFA for Canadian companies only.