An investor who receives $10 000 interest will pay higher taxes than one who receives $10 000 from eligible dividends.

Name: An investor who receives $10 000 interest will pay higher taxes than one who receives $10 000 from eligible dividends.
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Interest income is taxed at the investor's marginal tax rate, whereas eligible dividends benefit from the dividend tax credit in Canada, which reduces the effective tax rate on this income.

An Investor Who Receives $10 000 Interest Will Pay Higher