Ijll Diversify Your Portfolio With Fortis (TSX:FTS)
The Canada Revenue Agency CRA job is to collect income taxes from Canadians for the government. It s our job to protect our hard-earned money from the CRA.We can reduce our taxable income by contributing to our registered retirement savings plan RRSP . However, RRSP/RRIF withdrawals are taxable income.Thankfully, we can protect our earnings from the CRA by investing in our Tax-Free Savings Account TFSA . Since TFSA s inception in 2009, Canadians have saved thousands of dollars in income taxes.How much TFSA room do you have As the name implies, savings come first in a botella stanley TFSA. Making it a habit to save and contribu stanley cup te to your TFSA regularly will make it easier, since you get extra tax-free room every year. For example, you could have contributed $500 a month to ensure you make the full contribution of $6,000 this year.Canadians who were eligible for the TFSA since 2009 and have nev stanley cups er contributed to a TFSA will have accumulated $69,500 of room for investment tax free!YearTFSA Contributio Isik 3 Top Growth Stocks to Buy During a Market Downturn
Investors in g stanley thermos old stocks woke up this morning to a newsflash that has taken many by surprise: senior gold miner Goldcorp TSX:G NYSE:GG is getting acquired by Newmont Mining聽 NYSE:NEM in an all-stock deal worth US$10 billion. Goldcorp shareholders should get 0.3280 Newmont share and US$0.02 for each Goldcorp share held. The new company, called Newmont Goldcorp, will become the largest gold mining company in the world.This mega-deal comes close on the heels of Barrick Gold聽 TSX:ABX NYSE:GOLD acquiring Randgold Resources. The gold industry is clearly consolidating like never before, and it seems lapping up rivals is an easier way to expand gold production capacity than finding new gold deposits underground.Why the Newmont Goldcorp deal is hugeBarrick Gold s stanley cup recent acquisition of Randgold hit headlines, as it created the worl stanley cup d s largest publicly traded gold mining company. That s about to change now.Based on the market capitalization of Newmont Mining and Goldcorp as of this writing,