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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Peter W. Panchyshyn who wrote (3725)7/24/2002 1:48:30 PM
From: Scott Mc  Read Replies (2) of 11633
 
From what I have read on the matter. RC sees it as you trying to do some double dipping tax wise. They won't let you take the loss and then use that loss to offset gains and then also use the contribution as a tax deduction (RSP) on your returns. For them its one or the other but not both. ----------

Its simpler than that, they want as much tax as possible, and its (in this case) heads they win, tales you lose....

As far as margin, yes I use margin however my outstanding loans are over $100K less than they were 2 months ago, so I think I still have a little room to work with. Scott
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