Comment by
Bluechip2 on Apr 10, 2018 10:17am
It is banned but hard to prove. Selling shares to trigger a loss, then re-buying shares is not illegal if it is demonstrated that it was done for legitmate reasons, such favorable tax situations.
Comment by
longonMJ on Apr 13, 2018 11:05pm
Does the CRA actually monitor this on such a tight basis that they will keep track of your sell and buy back-in dates, especially if your second sell for a profit doesn't take place until a couple years later?