Canadian Investment Advice sought

Factual Questions
21

[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!

22

[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.