RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:About timeTobuyornot wrote: This merger will be considered a disposition. All capital gains will be taxed. Solar was speaking of inside an RRSP or TFSA where CG are not taxed.
Narrishkeit wrote: solarman2013 wrote: According to my bank, the shares are held in the same account and reflected in cad $ value . There is no deemed capital gain as you aren't pulling out of an RRSP, nor selling shares, simply trading them.
Correct stock mergers are not considered a deemed disposition for capital gains.
However if your broker is too stupid to do this correctly and you end up with cash that is another matter altogether.
Upon further reflection you are correct, the a rollover is not possible as the purchaser is not a Canadian corporation. Sigh this will be a hit for everyone if not inside a TFSA or RRSP.