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Stop OrdersPeople with self-directed TFSAs commonly purchase shares of companies and ETFs within their discount brokerage account such as BMO InvestorLine, RBC Direct. Distributions paid as a result of capital gains realized by a BMO ETF, and income and dividends earned by a BMO ETF, are taxable in your hands in the year they. Over the years, investors using the TFSA have been rewarded with tax-free returns, helping many Canadians achieve greater progress towards their.
