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RRSPs and RRIFs -> RRSP/RRIF foreign content limit

RRSP/RRIF foreign content limit eliminated

The February 23, 2005 budget eliminated the foreign content limit completely for RRSPs and RRIFs, for 2005 and later years.  If desired, RRSPs can now consist of 100% foreign content.

See our article on how to reduce your foreign exchange costs inside registered accounts by washing trades.

Tax tip:  Diversify by owning at least 50% foreign investments.

 

Revised: June 16, 2010

 

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