Canadian Controlled Private Corporation (CCPC) shares are shares in a privately held Canadian company. Clients who purchase part of a business or receive shares in their employer as part of their compensation often ask us whether it makes sense to hold their CCPC shares inside or outside their RRSPs.
There are many factors to consider when examining the merits of holding shares of a Canadian Controlled Private Corporation in a RRSP. It is strongly recommended that you carefully consider these factors AND consult a tax advisor or accountant before investing in CCPC shares in your RRSP. With the 2011 Federal budget, there are new restrictions on swapping CCPC shares into and out of registered accounts that also need to be considered. (See http://www.budget.gc.ca/2011/plan/anx3a-eng.html#toc12.):
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