RE:RE:RE:RE:RE:Recession now, or Recession later; going to happen...Ah good. Yes the strategy to ensure pay out undervalued stocks in kind makes sense if you definitely plan to keep them. Would rather take the income early and then the appreciation can happen in an unregistered account and get taxed under the new capital gains regime....do not expect to trigger anywhere near $250K in any given year.
Only affected portfolio is in my "Morneau Corporation" ....( I, like clients I have, retained "pension monies" inside my CCPC because I could put more after tax dollars to work there)..... so the higher inclusion rate starts with the first dollar. But I don't care really because I just may keep the shares and pass the corporation on with the portfolio intact.
In the meantime, I just leave it alone and grow it with my dividends paying Part IV tax that ultimately gets refunded when I plan my income and pay out dividends. That portfolio was always meant to top up my annual income to some discretionery level.