# Canadian Investment Advice sought

**URL:** <https://boards.straightdope.com/t/canadian-investment-advice-sought/378886>\
**Category:** Factual Questions\
**Created:** [November 2, 2006, 8:20pm UTC](https://boards.straightdope.com/t/canadian-investment-advice-sought/378886 "2006-11-02T20:20:48Z")\
**Posts on this page:** 2\
**Page:** 2

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**Author:** ![Carlyjay](https://avatars.discourse-cdn.com/v4/letter/c/e0b2c6/32.png) [@Carlyjay](https://boards.straightdope.com/u/Carlyjay)\
**Post date:** [November 3, 2006, 8:03pm UTC](https://boards.straightdope.com/t/canadian-investment-advice-sought/378886/21 "2006-11-03T20:03:45Z")

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[QUOTE=RickJay]  
Since you don’t own a house NOW, you can’t have, oh, say, an exploding water heater that costs you THIRTEEN HUNDRED DAMNED DOLLARS @&#@&%#@\*@!&(##"$#@  
[/QUOTE]

Of course, that’s never happened to _you_, right?

Kidding! Please don’t hurt me!

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**Author:** ![Barbarian](https://avatars.discourse-cdn.com/v4/letter/b/e19adc/32.png) [@Barbarian](https://boards.straightdope.com/u/Barbarian)\
**Post date:** [November 6, 2006, 3:57pm UTC](https://boards.straightdope.com/t/canadian-investment-advice-sought/378886/22 "2006-11-06T15:57:04Z")

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[QUOTE=kawaiitentaclebeast]  
What do you mean by this?  
[/QUOTE]

Interest payments on a mortgage are not tax deductible in Canada.

Interest payments on a loan you take out so you can buy stocks etc.. are tax deductible.

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