RE: tax ,rrsp, cap gains info for Beloved et alHello upmarkets, how are you? Thank you for the long tax lesson. Was fun reading it and very entertaining.
In my post to Horsey I was very brief and I didn’t think that someone will make an assumptions of who and what I am and what I do and don't know!
Anyhow I have a few questions for you if I may.
Can you pass your RRSP to your kids?
Why Canadian Gov't wave the limit(contributions) restriction on RRSP few years ago?
Can you offset your taxes in your SDRRSP or RRSP and claim your losses?
Can you short stock in your SDRRSP?
some more?...
I personally will have investments and will contribute kind or cash to RRSP or SDRRSP only to offset taxes. IMHO RRSP is a scam just like education funds for your kids supervised by GOV’t.
Somehow I don't feel wright anymore.
Thank you again.
PS
I am Canadian! in Vancouver and I know what I am talking about. Good night/morning