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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: Sans Souci who wrote (188)	8/1/2000 8:10:06 PM
From: Crocodile	Read Replies (1) of 548

There is one way that I believe that you could use your RRSP to buy a house. I think that you can set up a registered self-directed mortgage and loan yourself the money to buy the house at a rate which is accepted by Revenue Canada. There is a chapter about setting up this kind of mortgage in Gail Vaz-Oxlade's "RRSP Answer Book". I have the 1995 edition. You might want to pick up a copy... some interesting info on RRSP's in a very simple format. I imagine there might be a new edition around and that some of the rules might have changed. croc

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