RE:RE:Looking forward to the future 🔮 2022!Crunchy, go and get some tax advice, you are wrong... you can transfer any amount up to the maximum room you have in your TFSA. Since you just opened your TFSA, including the $6,000 for 2022 (which by the way I just tranfered $6,000 cash from my bank account into my TFSA for this year), you have a total of $81,500. The value of the stock in your margin account today is tranferred at that fair value. So at today's price of $1.75 you can transfer about 46,571 shares of SALT with NO tax implications ($81,500/$1.75), and then it is 100% sheltered....
...."..... When an investment is transferred from a non-registered investment account, like a cash or margin account, into a tax-free savings account, the transfer is considered an eligible TFSA contribution. The contribution amount is based on the market value of the transferred investment at the time of transfer....."......