Chen v. TD Waterhouse Canada Inc., 2020 ONSC 1477

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Summaries

Summary Under

no duty of stock brokers to provide cost information on individual T-5008s

The taxpayer, Mr. Chen, who maintained margin accounts with TD Waterhouse, had employment income of only $9,655 in 2009 and sustained a net loss...

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Summary Under

any loss of taxpayer was attributable to his failure to file his return

Consistent with the industry practice, TD Waterhouse sent to CRA individual T-5008 forms for each sales transaction of the taxpayer (Mr. Chen)...

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