Anyone else with me on this one? CRA has snuck in a new description of what a deemed disposition is and isn't and I think they've caught those sneaky RRSP transfers where cash or shares come out of the RRSP in exchange for something being moved in to the RRSP... See what you think...
T5008 reporting:
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/t5008/menu-eng.html
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/t5008/t5008slp/prpr-eng.html
Deemed dispositions: it used to be that everyone considered that a transfer of property to an RRSP was a disposition to a trust and therefore not reportable on a T5008. I don't think that's the case anymore with this new definition of what deemed proceeds are. If you transfer property into a trust and take back out consideration in the form of other shares or money, I'm not sure it meets this narrowing definition of deemed dispositions, which essentially are transfers for no consideration, none, nada, niet...
Financial slips & summaries.. http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/menu-eng.html
CRA may have found a way...
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