bernie 1

Five Reasons to Invest in Canada

Hao Jin didn't mention if he is a resident of Canada or elseware. We who invest are not doing it because we love smelly black oil or the other fuels that are being touted. We are in it to try to make a profit on our investments. I have three Royalty Trusts from Canada,an ETF from Canada & all of these are in my retirement fund. Before my dividends are paid 15% comes out for Canadian taxes. As I pay no U.S. tax in my retirement account I still do well. But now the treasury minister of Canada wants to add enough tax in four years to bring me up to about 64% tax on these investments. I do hope that he doesn't think we in the U.S.A. will keep investing up North under those conditions. Doing business outside of the U.S.A. is fine as long as it's financially viable. If these outragous taxes go through in the next four years does he really think Americans will put their investment money in Canada? I think not.