Work it out yourself.

A headline yield taken apart until what is left is what reaches you. The fee is already inside it, the foreign tax never arrived, and the part that looks tax-free is deferred rather than forgiven.

What a position becomes with distributions reinvested, against taking them as cash — both drawn every time. Yield and price change are separate inputs, because a yield paid out of a falling NAV is not a return.

Borrow at one rate, collect a distribution at another. Works out what is left after tax — including whether the interest is deductible at all, which is where the account you hold it in decides the answer.

Every change to the Bank of Canada policy rate and the prime rate it drives, the spread between them, and what lenders actually charged on a line of credit. A HELOC is priced off prime, so leverage starts here.

Every annual limit since 2009 and what you have actually accrued. Room starts the year you turn 18 whether or not you opened an account, and a withdrawal does not come back until January.

Work out what return of capital has done to your adjusted cost base. Every dollar of RoC lowers it, which raises the capital gain waiting for you at the other end.

What a position in any of the 22 listed funds would have paid, worked from its most recent declared distribution and then run backwards through its real history.

Every fund’s latest ex-date and pay date. The ex-date is the cutoff for who gets paid; buying on it is buying without the distribution.

Two funds on the same footing — same start month, same figures — and what $1,000 became in each on price alone, with distributions banked, and with them reinvested.

Two covered-call funds on Canadian banks are not two positions. This resolves every listed fund down to the companies actually inside it.

Inside a TFSA nothing is taxed, so return of capital — the main tax advantage these funds have — is worth nothing, and foreign withholding is unrecoverable. Ranked on what actually survives.

Same question, different answer: US withholding is exempt inside an RRSP under the treaty, which changes the order.

Marginal rates on eligible dividends, capital gains and ordinary income, by bracket, for every province and territory.