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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks -- Ignore unavailable to you. Want to Upgrade?

To: scouser who wrote (90)	3/5/2000 1:59:00 PM
From: bwtidal	Read Replies (1) \| Respond to of 548

scouser, peace, it may not be optimal advice or even good advice, but if the broker does not inform you of these manoeveres, they have not run afoul of any legal or fiduciary obligations... in fact, and let me be VERY clear about this, investment advisors are PROHIBITED from giving tax advice. that is legally the role of accountants and lawyers. hey, look, you can put outright "non-qualified" investments inside your rrsp (i am not referring to foreign investments, i am referring to outright non-qualified investments, like say non-canadian controlled private corporation shares). penalty is 100% income inclusion of the value of the investment. then, when you sell, if it is still a non-qualified investment, you also pay a penalty of 100% income inclusion of the gain. ok, those are the rules. does the broker have a legal or fiduciary obligation to inform you of them? no.