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Email this10:36 am
September 11, 2013
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Bud, I made an argument not to buy one of these stocks? Refresh my memory.
10:45 am
February 20, 2018
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Bill said
Bud, I made an argument not to buy one of these stocks? Refresh my memory.
Husky "unethical" oil in general
10:48 am
September 11, 2013
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I think you've got me confused with somebody else, I know zero about Husky Oil.
10:57 am
September 11, 2013
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Bud, also I don't see Husky on your list. Anyway, I believe ethics are a fiction so I wouldn't distinguish between ethical and non-ethical oil. I might have said something to the effect that with the current enviro-mania sweeping the globe that carbon-based energy investments have a major cloud over them, but that's hardly news, that's a general sentiment that has been a weight on these equities for some time now. To be clear, I have no public opinion on any of the stocks in your list.
12:11 pm
February 20, 2018
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ya similar to what u said on oil thread where i posted husky
https://www.highinterestsavings.ca/forum/general-financial-discussion/oil-is-it-time/
7:32 pm
April 6, 2013
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Winnie said
Usually about 3 gold 1 oz Maple Leafs are always on my working desk (I'm working from home), just playing with them, not a decoration.It's better not to argue with CRA, in my opinion.
I will report sales of those 3 coins as an investment coins sales and report a bit more capital gain (I assume it will be gain, not loss).
If the intent was those three gold coins were primarily personal use and enjoyment when you purchased them, then do report them as listed personal property when they are sold one day.
The circumstances of their purchase and their sale will give away the primary use of the coins.
CRA and the Tax Court judges are practiced at "mindreading" and determining the likely actual intentions are. For example, they figured out that the homes the Giguères claimed the primary residence exemptions for were not really personal-use primary residences. Instead, they were really properties that Giguères bought, renovated, and flipped for profit. They just stayed in them temporarily instead of in a hotel.
2:19 pm
May 27, 2016
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Norman1 said
CRA and the Tax Court judges are practiced at "mindreading" and determining the likely actual intentions are. For example, they figured out that the homes the Giguères claimed the primary residence exemptions for were not really personal-use primary residences. Instead, they were really properties that Giguères bought, renovated, and flipped for profit. They just stayed in them temporarily instead of in a hotel.
You mean, pretending to actually live there and then trying to claim a personal residence exemption on every property they temporarily owned, like just about every other house flipper I've ever met? I'm amazed that somebody actually got caught and held to account for that unfortunately all-too-common tax avoidance stunt. Three cheers for CRA from me
7:32 am
September 11, 2013
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The Canadian Mint sells collectibles. If you want to buy bullion, can't buy it from the Mint, have to go to a dealer. The gold Maple Leaf coin is listed as bullion on the Mint's site and thus is not available from the Mint. This might be another of the factors used in determining whether purchased Canadian gold is considered to be for personal (e.g. numismatic, collectible) vs investment purposes, I don't know.
Winnie, the Mint lists (I suppose authorized) dealers of bullion, here's a link. I know you don't like to buy from the big banks, do you have any advice re how to find a suitable dealer, or all they all the same?
https://www.mint.ca/store/mint/customer-service/bullion-dna-dealer-locator-10900014
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