10/8: A counter point of view to Advisor.ca

Advisor.ca has just published a very one sided text regarding the 10/8 arrangement.

http://www.advisor.ca/news/industry-news/should-clients-drop-108s-112572?goback=%2Egde_1869364_member_228946716

The 10/8 arrangement were Tax Avoidance strategies pure and simple. The 10 percent investment rate and 8% loan were purely artificial. These were not the actual rates available in the market….

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