Canadian finances
Hi Jim,
Here is a head's up from Canada.
By JIM STONE
Last month, Canada raised the ANNUAL amount people can contribute to their TFSA (Tax Free Savings Account) to $10 000 per person. A TFSA is a type of account opened through a Bank or other financial institution into which you can 'place' a variety of financial holdings (stocks, GIC's, etc. but NOT precious metals) and not have to pay any tax on the gains that these investments earn.
Here is the unspoken hitch: anything 'deposited' into it will be considered to be belonging to the bank (that's already the way they see the money you have in your account) and subject to the inevitable bank bail-ins, the formula and procedure for which was laid out in a previous Canadian federal budget.
As well these TFSA's allow the banks to record all deposits made into them as a deposit into the bank and therefore it helps the bank's bottom line, even though the deposited investment might be just a stock certificate in an oil company.
This fits right in with the plan to "communize" all property and savings, obviously your money is not yours!
in other words,all your assets are stolen by the banksters
Hi Jim,
Here is a head's up from Canada.
By JIM STONE
Last month, Canada raised the ANNUAL amount people can contribute to their TFSA (Tax Free Savings Account) to $10 000 per person. A TFSA is a type of account opened through a Bank or other financial institution into which you can 'place' a variety of financial holdings (stocks, GIC's, etc. but NOT precious metals) and not have to pay any tax on the gains that these investments earn.
Here is the unspoken hitch: anything 'deposited' into it will be considered to be belonging to the bank (that's already the way they see the money you have in your account) and subject to the inevitable bank bail-ins, the formula and procedure for which was laid out in a previous Canadian federal budget.
As well these TFSA's allow the banks to record all deposits made into them as a deposit into the bank and therefore it helps the bank's bottom line, even though the deposited investment might be just a stock certificate in an oil company.
This fits right in with the plan to "communize" all property and savings, obviously your money is not yours!
in other words,all your assets are stolen by the banksters