Goldy's all but gone now (just waiting until the off-season to unload him).
He'll be replaced with a player that has far far less skill but actually puts in the effort. Frustrating to say the least but that's on Goldy himself.
The hatred is astonishing... I can sense posters thinking of ways to spin this (and pretty much every other event these days) to solidify their personal beliefs/bias and fault either the entire "left" or "right" or one religion or another etc..
Attacking each other is exactly what this POS wants/wanted. Dont be pawns....
I feel for the innocent victims.
The not so funny part is the hundreds of jobs lost... As Hallmark and the company who does the garage sale mysteries has now cut ties with Loughlin and shut it all down, everyone working on those projects which were all filmed up here locally, are SOL.
This is what they get for being cheap... could have just “gifted” or “donated” a little bit more directly the school for a new pavilion or football equipment whatever, and their kids would have been accepted no question..
Wouldnt one want to be uneducated though? I see a lot of talk on CDC among other places about how colleges and universities are just brainwashing kids these days with their liberal, socialist, marxist, fascist, communist propaganda ;P
You are correct in that it is pretty vague and leaves it pretty open to the CRAs interpretation of whether or not you are running it as a business.
Basically they will look at your employment (including tax returns) first. As the CRA deems a TFSA a passive investment vehicle they will look at trading frequency within the account, the use of more sophisticated strategies (ones that would be most often used by professional traders), and overall how much time you dedicate to it. Of course all of those factors could be challenged but then you could see lawyer fees eat up any gains.
Personally I have only seen/heard of a few cases.
Damn.... From my perspective it seems like there were issues all over the place that would have raised flags such as turning trades unnecessarily, pretty much turning the entire portfolio upside down from a risk perspective without your knowledge etc... I am sorry you had to go through that but you are definitely not alone as I speak with a number of clients that have experienced similar.. Despite all the rules and regulations in the industry these days there are still some shady people out there that fly under the radar for the most part.
I am glad to hear that you are moving on to a more comfortable position. While I definitely dont like hearing what you have been through, it is a valuable lesson that you have learned early in your investing career and you are absolutely right it will be an experience that you can share with those who find themselves in a similar situation and hopefully save them from the same.
I wouldnt be surprised to see him being offered to different teams for a late 2nd or early 3rd rounder. May be a better fit on a team that is looking for only his offensive skills and can afford to cover his lack of defensive awareness, which unfortunately is not the Canucks at this point in time.