Canadian homeowners do not enjoy the same
Scenario 1 - Divert annual
Scenario 2 - Divert surplus cash to invest annually and pay regular mortgage payment.
Scenario 3 - Apply the Smith Maneuver, diverting surplus cash into mortgage payments and then immediately re-borrowing from the re-advance-able mortgage at a rate of 4%
Who should do it?
s Your Mortgage Tax Deductible - The Smith
Maneuver by Fraser Smith. After reading it, consult a licensed
The Bottom Line