I think that if this idea is implimented, we would see not only a shift in monies moving into stocks like SLI with their high Capital Gains potential, but also a heck of alot of new money moving into the markets, in general. People who are sitting in GIC's and such earning interest income, will be moving into the stockmarket now. The key word of course is tax free gains...

Here is an example of how I think people could play this. Say I buy SLI stock now at $2.11 and hold on to it until it goes to $4.00. I decide to sell and take my profits and re-invest into something that pays a dividend. Now I also get the dividend tax credit on my dividends...

This should be a huge bump for stocks on the TSX Venture, in my opinion...

Also, the government could tie this in as a cure for the much called for and needed pension reform... We all know that the government is putting more of the responsibility of pensions on the shoulders of the individual...

Kherson