I have had few calls regarding huge losses in TFSA and RRSP self managed portfolios. Asking if there is any way to recognize the losses. My initial answers were no, as there was no tax to begin with. Just for discussion purpose, Is there any possibility that the TFSA and RRSP are considered affiliated to individual, then we consider the superficial loss rule, by having the TFSA or RRSP dispose the investment and buy them back in a non registered account.
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Nope. Bite the bullet and move on.
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