Investment Q&A

Q: General question for buyers and sellers of ETF's from Canadian and US exchanges. How can one know whether one is permitted to hold it in ones accounts like; TFSA, RRSP and NonReg's. There are many strategies offered like levered products etc. How can one avoid holding the wrong product and getting nailed by CRA with fines. Hope you can provide some guidance.

Q: My daughter is starting a TFSA and as a full time student she doesn't have a lot of time. I have suggested a couch potato based strategy with rebalancing. I believe there are now ETF's that incorporate the whole strategy and the rebalancing and I am wondering if you have a few options to suggest with Canadian equity, international equity and a smaller bond component. Also if she wanted a buy once and hold forever type stock, what might be a few stocks to look at?

Hopefully this question goes through - I wrote up a similar one and even though it said success after submission the credits have not reduced and I don't see anything. I think this may have happened twice.

Q: I am hoping someone in the large 5i family will know the answer to this question regarding holding a TFSA account on TD Direct investing. I have used RBC for my TFSA in the past and held both a Cdn and US dollar TFSA. When I want to add my annual contribution on RBC I am able to transfer either Cdn or US cash from my cash account into the TFSA, as long as I take care to properly calculate the US to Cdn converstion rate, so a not to over contribute. It has always been a simple transfer online.
Now that I have both a Cdn and US TFSA on my TD Direct Investing account, I've been told that I have to sell the US dollars I have in my TD cash account, transfer the amount to my Cdn TFSA and then buy US dollars within my TFSA account if I want to hold US securities in the TFSA US account.
I'm sorry if this sounds confusing, but I am puzzled as to why TD makes you convert US to Cdn and then back again to top up your TFSA. If anyone has experience with TD (I'm a newer client of theirs) and can let me know what I am misunderstanding here, I would appreciate it.
Many thanks!
D

Q: Topping up my TFSA - have narrowed it down to one of the above companies. Which one would you choose and why?

Q: What would be your top five stock choices to add to a TFSA today, regardless of sector and geography? Thank you.

Q: I have 12 thousand to add to my tfsa what stocks would you recommend.

Q: At current levels do you think TOI presents a good entry point for a long term holding? Alternatively, do you think GLXY may be a good option for a more hands on holding?
The context is a TFSA account where losses should be avoided and the goal is to achieve above market returns. i.e. the alternative would be a market ETF.

Q: A few months ago, I purchased a small position in GLXY, in a TFSA.It is down about 40% and it is now well below 1 % of our overall portfolio. A current contribution results in some new funds being available. I am considering adding to GLXY or alternatively moving on to SVM. Dividends are not a priority, and the objective for this account is good growth, with accepting some measure of risk. .Which of these 2 do you think is the better route to go? Also, do you think the recent regulatory change in China regarding silver is an impediment for that company; if so, is there another silver play that you would prefer?Thanks so much for your excellent service.

Q: Happy New Year!

I am looking at where to deploy my TFSA contribution for this year and would be interested to hear your thoughts. My largest position is BN at close to 5% so I am thinking of adding to my smaller positions listed above. If this were your portfolio, would you add this year's $7000 to one stock, or add smaller amounts to two or three stocks? Or, would you only add to BN as it is still at a sleep at night percentage?

Thank you!

Q: In my TFSA, I have a double position in BN, and full positions in POW, SIS, PPL, CSH.UN, TRI and BAM. I also have half positions in AFN (which I know is not your favourite) and DSG. Would you add to one/some of these (which?) or add something different. After my 2026 contribution, I will have enough cash to about a half position. I prefer to consider Canadian stocks for this account.

Thanks for you help.

Q: I want to have my TFSA grow bigger. Of the stocks listed, in what order would you add them to the TFSA? How long of a hold do you suggest, and what are target prices you'd be comfortable with? Is it better to wait for a pullback? Take as my question deductions as needed.

Q: I would like to contribute an existing holding from my non-registered account into my TFSA in early 2026, but am unsure about which holding to contribute. Which of these do you think makes the most sense to move into my TFSA based on potential upside/income? I have a long-term 10+ year hold period. Thanks!

Q: I’m doing a fairly major portfolio clean-up and account optimization exercise.
Specifically, I’m removing dividend-oriented and income-generating stocks from my TFSA and RRSP that are better suited to a non-registered account, and reallocating TFSA/RRSP capital to assets that benefit most from tax sheltering.

At a broad level, I’d appreciate your perspective on:

• Which CAD and USD names are best suited to an RRSP (e.g., U.S. dividend payers, global compounders, cyclicals, etc.)
• Which CAD and USD names are best suited to a TFSA (long-term growth, compounding, low income leakage)

I’m less interested in yield optimization and more focused on long-term after-tax efficiency and proper account placement.

If helpful, feel free to answer at a category level (e.g., “U.S. dividend aristocrats,” “Canadian compounders,” etc.) or with specific examples you think are particularly well-suited.

Thanks — looking forward to your thoughts.

Q: We are looking to inject more growth into our TFSAs - can accept reasonable degree of risk. Looking for concentrated list 10 stocks for 3-5 year hold.

Q: Tax issues aside, is there a clear favourite here for an in kind contribution to our TFSA's come January 1?

Thanks,
Terry
Best of the Season

Q: If I do an in-kind transfer of a security from a non-registered account to my TFSA, and the security is at a loss, is there any way to eventually capture the capital loss, such as when the security is sold within the TFSA. Or is the capital loss gone forever?

Q: Hello. If I sell a US stock in a non-registered account for a loss, and I transfer the cash to my TFSA and re-purchase the same stock, can I still claim the capital loss?

Q: What U.S. companies would you recommend for a US $ TFSA ?

Q: Regarding Steve's question on Nov 25, 2025 about the TFSA withdrawal and re-contribution limit.

Using his example, if one were to withdraw $122,000 today, could one re-contribute $40,000 in '26 then $40,000 in '27 then $42,000 in '28 or does the re-contribution rule only apply to the following year and ONLY the following year?

Q: Your best small cap recommendation for growth in a TFSA today. Thanks!

David