By Benjamin Felix, Associate Portfolio Manager at PWL Capital

Taxes reduce the growth of your wealth when you own investments in a taxable account. This issue is especially painful for those taxed at the highest marginal personal rate, and those who have reached the $50,000 passive income limit in their Canadian Controlled Private Corporation.

The topic of tax-efficient investing could span a whole series, but today I am going to talk about total return swap ETFs.

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Also, you can visit PWL Capital: https://www.pwlcapital.com/