For anyone here that doesn,t have a Tax Free Savings Account (TFSA), it may be a good idea to set one up that you can direct invest with. This way, you can put in $5000 for every year from 2009 forward (3 years) for a total of $15,000. You can buy stock worth up to $15000 under this scenario, and all the gains you get off it are 100% tax free!