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Pastimes : RRSP -- Ignore unavailable to you. Want to Upgrade?


To: Derrick Burry who wrote (19)5/25/2000 12:51:00 PM
From: Khaled Rafih  Read Replies (1) | Respond to of 22
 
Hello,

I would appreciate knowing what are the RRSP foreign content implications when a Canadian public company is taken over by a non-Canadian company via share-swapping. Once the shares of the non-Canadian company are placed into my RRSP will I have to apply the 20% foreign content limit, or will this be waived as the original shares purchased were deemed to be "Canadian content."

A good current example of this is the Alcatel takeover of Newbridge.

Thanks in advance.

Khaled.