What are the tax rules when using HLOC for cash private lending? are the interest gained taxable income?

What are the tax rules when using HLOC for cash private lending? are the interest gained taxable income?

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What are the tax rules when using HLOC for cash private lending? are the interest gained taxable income?

For information and clarification about this please contact the Canada Revenue Agency at 1-800-959-8281.

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