Stock Savings Plan

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Stock Savings Plan

A tax credit available in some Canadian provinces to investors who buy shares in companies based in their own province. The credit is available only on one's provincial taxes, not on federal taxes.
References in periodicals archive ?
Besides, the employees are new owners of the corporation through 401(k)s and other stock savings plans that are not recognized in the corporate process.
Short sales and trading in puts and calls are prohibited by the Policy, as are both purchases and sales within six months of each other, with exceptions for stock savings plans and option exercises.
Programs and benefits available include the following: flexible work schedules, telecommuting, job sharing, dependent care assistance for children and elders, managerial and professional development programs, rewards for innovation and achievement, financial support for education, scholarship programs, stock savings plans, employee fitness programs and centers, and a worldwide health assistance program.