RE:RE:RE:RE:RE:RE:RE:Same kind fear two months agoCRA gets a report for every security sale in your account(s), including registered accounts from your broker. In fact you can request this info from the CRA should there be gaps in your record keeping, but they may not have corresponding buy data since buys do not trigger a tax liability.
General principle is that they get any info they want. So no surprise that they would get balance info. too.
Not a surprise - but for some a concern - because the general priciple is that if there is a lot of money in the account, the holder must be doing something taxable (even in a so-called tax free account) & the vague rules can easily be interpreted to support this.
Kudos to those that have made their $45K TFSA into $1 million - Please post your ideas here!
Sadly my TFSA performance is certain not to get the attention of CRA.