Canadian capital gains tax sell-offs spark timely pre-Christmas report for investors

TORONTO - Nov. 30, 2015 - PRLog -- TORONTO ON (November 30, 2015) – TSI Network, publisher of a stable of Canadian investment newsletters, has just released the 2016 update of a report the company is already known for, on tax-loss selling.

Titled Home Capital Group, Finning International and 5 Other Great Stocks to Buy Among Canadian Capital Gains Tax Sell-offs, the report alerts Canadian investors to seven stocks it believes are the best candidates for an exceptional recovery in the New Year, following tax-loss selling season.

Before December 24, many investors will be selling stocks that have lost money in 2015 in order to use those losses to offset the Canadian capital gains tax on stocks that have gained over the past year. Among the stocks that will be sold, says TSI, are a group of very good stocks that have come down in price but should rebound strongly.

Thus Home Capital Group, which has a unique niche in the mortgage business and took quick action to defuse fraudulent loans, should regain much of its former strength, according to TSI. Similarly, the U.S. government’s rejection of the Keystone XL pipeline should not hold back TransCanada for long, as the company moves ahead with a number of new projects.

The report makes it very clear that these stocks are facing “temporary downward pressure,” and not fading stocks whose best days are behind them. That means the seven stocks profiled in the report should be poised for a strong recovery and long-term gains.

The report comes from a source with a long history of successful investment advice. Pat McKeough has been advising Canadian investors for four decades. He is Founder and Publisher of TSI Network and its four advisories—The Successful Investor, Canadian Wealth Advisor, Stock Pickers Digest and Wall Street Stock Forecaster.

Pat is also the founder of Successful Investor Wealth Management. He and his expert investment team put his investment philosophy to work managing over half a billion dollars for individual investors.