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Strategies & Market Trends : Canadian Options

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To: Kayaker who wrote (878)3/14/1998 12:44:00 AM
From: Wayne   of 1598
 
I am fairly certain you don't have to worry about the 20% rule in your case. I believe the rule is at the time of purchase. So if your RRSP goes offside because of an appreciation of a non-Canadian stock in it, you would not be able to add any more non-Canadian content until the overall portfolio is again less than 20%. However, you would not be forced to sell to bring it back into line. Check with your accountant to be certain.
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