Can I claim capital losses from a stock in my RRSP to reduce taxes?


Q. I bought BlackBerry shares in my RRSP back when they were trading at $76. They’ve dropped sharply since then. If I sell them in my RRSP, I can’t claim the capital loss to reduce my income taxes. What if I moved the shares to an unregistered account? I would have to pay tax on the RRSP withdrawal, but then could I sell the shares and claim the capital loss? — Liz S.

Sorry, Liz. Some tax-saving strategies are just wishful thinking, and this is one of them.

If you withdraw...

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