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REGULATION

Why doesn't Goparity Offer TFSAs

At Goparity Canada, we're committed to providing sustainable finance solutions that align with our mission of democratizing impact investing. While tax-sheltered accounts (TFSAs, RRSPs, RESPs, FHSAs) offer valuable tax benefits for Canadians, our current focus is on developing and refining our core platform for direct impact investments.


Reasons for Not Offering tax-sheltered accounts

Regulatory Complexity: As an Exempt Market Dealer, offering tax-sheltered accounts would require additional regulatory approvals and compliance measures that are currently beyond our operational scope

Focus on Direct Impact: Our platform connects investors directly with sustainable development projects. The structure of these accounts could limit the types of investments we offer, which may not align with our goal of maximizing direct impact.

Low barrier to entry: We prioritize giving everyone control over their investment choices. These accounts have contribution restrictions that might constrain the flexibility we aim to provide our investors.


While we understand the tax advantages of these accounts, we believe our current model allows us to best serve our mission of making impact investing accessible to all Canadians. We continuously evaluate our offerings and may consider TFSAs in the future as we grow and evolve.

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Goparity Canada is a sustainable finance platform and app that aims to democratize access to impact investing. By prioritizing accessibility, we make it possible for all kinds of investors to contribute to sustainable development projects in Canada. Goparity is one of the fastest growing platforms in Europe, and Goparity Canada is co-owned and operated by Canadian entrepreneurs. Goparity Canada humbly acknowledges the Indigenous Peoples who have stewarded the lands and waters of the places we call home. To realize a just and sustainable future we recognize the harmful legacy of colonization, both past and present, and go forward together in the spirit of reconciliation. Peel Region is part of the Treaty Lands and Territory of the Mississaugas of the Credit. In particular, we acknowledge the territory of the Anishinabek, Huron-Wendat, Haudenosaunee and Ojibway/Chippewa peoples; the land that is home to the Metis; and most recently, the territory of the Mississaugas of the Credit First Nation.

60 Admiral Blvd.
Mississauga, ON
Canada

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© 2024 Goparity Canada

Goparity Canada Securities Inc. is a licenced Exempt Market Dealer (EMD) in British Columbia, Manitoba, Ontario, and Nova Scotia. Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the corresponding small to medium-sized business invested in. Any historical returns, expected returns, or projections may not reflect actual future performance.