Quote:
Originally Posted by JackJack
Currently, if I were to realize any gains from the stocks in my Investment account, I would be on the hook for capital gains tax of 50% correct? Would it be better to transfer some shares into RRSP, and then later 35-40 years down the road, pull it out and only be taxed less? Does it work like that?
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It doesn't pay to transfer in kind when you have an unrealized gain. If the transfer losses value, you don't get to deduct the loss inside your RRSP.
I would just contribute cash and let the unrealized gain ride.