Investment Q&A

Q: Roughly how much would be return of your own capital ?

Q: I was reading Steve's question RE: combining the RRSP and Spousal RRSP. Depending on the situation, there could be a downside because of the spousal attribution rule. This will depend on when the last contribution was made to *any* spousal RRSP and when the withdrawals will start.

Q: My portfolio is getting quite a bit overweighted in certain areas, yet if I rebalance I will be setting myself up for capital gains, would you consider it prudent to accept cg in order to rebalance a portfolio ?

Q: this is a tax-related question on possible capital gains inclusion rates changes.
Currently the rate in Canada sits at 50% but I believe there could be some pressure to increase this rate for the upcoming budget as a means to generate more tax revenue. I know they have been as high as 75%.

Of course, no one can predict what changes a government will make on Budget Day but I wondered if they increased the inclusion rate on capital gains to say 75%, would they also have to increase the inclusion rate for capital losses to the same 75%?

I, like I'm sure many others, am sitting on quite a few unrealized capital losses (admittedly from my poor investment decisions!)

Can you let me know if I'm thinking about things in a 'smart' way? I want to delay any selling of my losing positions till after The Budget, just in case the Capital Loss inclusion rate goes up in the next budget?

Q: Good Morning

Are the 5I research analytics fees income tax deductible and if they are where are they added to on the tax form
Thks
Marse

Q: hello 5i:
nice yield, price has come down in the last year so more attractive. Of the yield, how much is return of capital, over the years? Is it significant, in your opinion?
thanks
Paul L

Q: Regarding carrying charges for etf investment income are you allowed to use fund fees.
For example. $40,000 on Dec. 31 X .0069 management fee = $276 carrying charges, or
$40,000 X .0076 mer = $304

Thank you

Q: Can you clarify the tax advantage of HSAV over PSA for non-registered accounts.

Q: How are dividends from midstream companies like ET, WMB treated if held in a registered account? Is there a withholding tax still applied as when held in a non-registered account?

Q: Subject Preferred Shares are up for reset June 1, 2023. In the event company redeems on this date (they redeemed ENB.PR. J USD last year), is there any recommendation to avoid large currency related capital gain on this shareholder uncontrollable event while Can $ is particualrly weak vs US$?
Thank you

Q: I have a BMO High Interest savings ETF. The distributions are reinvested in the ETF. Will the interest be reported annually by BMO? And so, no capital gain will occur when the ETF is sold? Thanks.

Q: Wondering how money market funds, such as TDB8159, are taxed. Is it considered dividend, or interest income? If it is dividend income, would it be eligible, or non-eligible. Thank you.

Q: Just a quick question. I have a TFSA and hold a few volatile companies that I like to trade. I have followed technical analysis for 40 years. I have read that a YFSA account can be taxed if there is too frequent trading. Is this true? And at what point will the trading be to frequent?
Thank You

Q: Hi, I sold some stocks last year that had gains, but missed selling the loser that I was going to offset them with. This year I have 2 stocks left one has a gain and the other is loss I missed selling last year. Can I use this loss to help me in any way going forward. Thanks.

Q: While I know you are not tax experts, but if a Canadain receives a dividend from ET, is it subject to weithholding tax by US authorities? If so, what is the percentage withheld and is it more beneficial to hold the stock in TFSA or in a taxable account. Thanks

Q: Hi Team 5i,
Can you please recommend a financial software that can be used to develop a retirement strategy for withdrawing funds from RRSP, TFSA, Investment accounts, etc.?
Of particular value would be a platform that details how to draw down funds and at what amount and/or percentage of one's overall portfolio on an annual basis.
Thank you.

Q: It is my understanding that Brookfield Reinsurance Partners is included in T1135 reporting. RBC included this in there summary for T1135 reporting.

Make public should you chose.

Q: Do any of the Brookfield companies require a T1135 to be filled out?

Q: 5i recently answered Dennis' question on CDRs as follows: “CDRs are considered US holdings in all aspects, including withholding taxes and foreign securities reporting. ....”

All respects? My understanding is that CDRs are considered Canadian-situs (rather than U.S.-situs) holdings, which means that holding U.S. assets via CDRs would not affect a Canadian who might otherwise be subject to U.S. estate tax reporting and/or payment issues. Can you clarify this point?

Ted

Q: Could you give the breakdown of the deal that UEC bought out UEX from a tax view point? Not sure of the selling price for UEX.

Thanks Greg