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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks
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To: scouser who wrote (79)3/5/2000 1:18:00 PM
From: bwtidal  Read Replies (1) of 548
 
the penalty is based on the book value (amount paid) for the investment. that does not vary "day by day". if you put $100,000 in Qualcomm, 100% of the RRSP, and it is now worth $2,000,000, you are paying 1%/month on $100,000 (unless you were buying and selling in between.)

not advising this, just clarifying the rules...
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