Budget 2015

[iceman]

TFSA is nothing more than a rich man's program and a nice little bonus for the fund managers in most cases


Gone

[wilagro]

TFSA increase to $10,000 a year in effect NOW. Found a bit of spare change kicking around so good, I'll throw another $4,500 in to top it up.

Nice to max the TFSA, at least the @#$%^ government can't tax it or touch it.

[Hopperbin]

In tfsa account you paid the tax on the money depositted. Take out gain tax exempt. Saskatchewan the corp tax haven of canada who would have thought?

[riders2010]

No plan what so ever for agriculture or transportation improvements.

[ajl]

What is the TFSA useful for? Dividend tax credit makes it largely useless for Cdn dividend stocks, US assets are taxed by uncle Sam in a TFSA. The only thing to invest a TFSA in is REITS and bond funds.

[Oliver88]

Balanced budget, good to see.
Good changes with capital gains allowance increased to 2 million per husband and wife.
Have to start investing heavier into TFSA now that limit is $10,000 per year.
This current government has knocked a lot of home runs out of the park with trade deals.
Next one up TPP?

[foragefarmer]

Balanced budget???

Took $2 billion out of contingency fund, sold $3 billion of GM share last week and now the budget is balanced.

I guess as a farmer I could sell a piece of farm equipment, take money out of my saving account or RRSP apply it towards my operating loan to cover it, then declare I had a successful year making money off farm grain sales.

If you guys are buying this balance budget crap, just wondering how you farm finances are.

[katoe]

Yes and they still lost 3 billion on gm