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Gold/Mining/Energy : Canadian Investment Resource Guide

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To: TFF who wrote (223)4/21/1998 9:52:00 PM
From: Scott Mc  Read Replies (2) of 591
 
RSP's-Getting Killed on US$ Exchange...
Someone had posted a while back that they were trying to get around the US$-Cdn$ exchange in their RSP's, dont recall who. I have an answer straight from the mouth of John Gee(well a signed letter anyway), pres of Greenline. If you request the funds be placed in a US$ money market fund (up to $35K)you wont get hit with an exchange.

I don't know the significance of $35K, I don't think its the 20% foreign content rule, although I bet doing this will still be a pain in the rear...
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