RE: One potential source to confirm thatThanks Au and Peter...
It seems the CIBC guy got it right as he read almost ver batim what you wrote, Au.
The tax man wants it all his way...you have to declare any capital gains on transfers and you do not get to claim on any losses. It makes for an interesting calculation on transfers of this nature...the capital gain tax versus the tax refund...or foreit the capital loss deduction versus the tax refund....
It may be better to simply borrow the RSP contribution and pay it back with the refund....