Q: Hi Peter, I apologize for a general question.
TD Direct Investing (aka TD Waterhouse) has told me that they can "journal entry" my gold stock positions from my CAD margin accounts to a CAD Cash account. The question I'm fussing with is whether the CRA will consider this JE transaction a deemed disposition (for Capital Gains reasons). I'm trying to avoid dealing with the CRA bureaucracy and did a google search to get some insight with no luck. Do you have an opinion on this? Do you know of any chat rooms, websites, other sources where I can get an answer?
Thanks for your patience, Ralph.
TD Direct Investing (aka TD Waterhouse) has told me that they can "journal entry" my gold stock positions from my CAD margin accounts to a CAD Cash account. The question I'm fussing with is whether the CRA will consider this JE transaction a deemed disposition (for Capital Gains reasons). I'm trying to avoid dealing with the CRA bureaucracy and did a google search to get some insight with no luck. Do you have an opinion on this? Do you know of any chat rooms, websites, other sources where I can get an answer?
Thanks for your patience, Ralph.