2012 capital gain? settlement date Dec 27 Please check the settlement date posted in you account. At TDW it was Dec. 27, though we got the money and sahres on Dec 31.
The settlement date is key as this will be used to determine when you disposed of your shares. The T5008 summarizing 2012's transactions (reported to revenue canada) will show the disposal for all at TDW on Dec. 27..SO IT WILL BE A 2012 TRANSACTION. i.e capital gain.
This settlement date is not to be confused with the 3 day settlement when you execute a trade (buy/sell) on the exchanges. It is what it is, or what they tell you I guess. I'm thinking we can't get around this Dec. 27 settlement date.