Thing is, Rob, suppose you have a choice between newly purchased shares at 12 cents, paying a fee if that's necessary, or transfer shares you bought at a higher price, such as say 45 cents. Seems that it's best to put new shares bought low, and keep the original more costly ones outside of the tax shelter. You will pay less tax overall, as the more expensive shares will one day be sold at more than 45 cents, and your capitol gains is based on that differential. Moving the more costly shares into the TFSA loses future tax savings.

So that fee you mentioned, I did not pick up on it, is spread over say 38,000 shares, so would requir what, a half-penny rise in SP to cover? Not so bad...

But you are right, at these low prices your pack a lot of shares into the TFSA. As for me, I'm going to put new ones in.

SKELEG