Beginner's Guide to Buying Stocks in Canada
Many people get into stock trading because it’s profitable in the long term. According to statistics, Canada had a 2.5% share of the world equity market in January 2022. The market is expected to grow as stocks have become more affordable and Canadians are finding out about the advantages of buying stocks.
Is it Worth Investing in Stocks?
Stock yields are always higher than some other conservative investment options like bonds and mutual funds. Investing in stocks is a high risk-reward strategy. If you are willing to take that risk, it’s always worth investing in stocks for the long term.
Why should you read The Z-Book?
This book is designed to give an overview of the SR&ED Program of the Canadian Tax Credits & Refunds System to the busy executive and the business owner/manager. In order to keep the Canadian businesses competitive in the present global market, the Canadian government offers one of the most generous incentives to Canadian businesses to encourage them to engage in scientific research and experimental development (SR&ED). It is also available to foreign corporations conducting SR&ED in Canada. It is estimated that only a very small fraction of those eligible actually apply for this credit. It is also estimated that in the last fiscal year tax credits running into billions of dollars were approved, including refunds to eligible businesses. There is no upper limit set by the Government as to the amount of tax credits it is willing to give to eligible businesses with regard to SR&ED.
*Note: This book was released in 2011 and laws change over time. Seek professional advice.