Q: Good Day team 5i: Considering I am a long way away from my original purchase price of 94.50 and very unlikely to see that again , and considering my target date from before the pandemic needing these funds has shrunk to less than 2 years .. Funds are in a TFSA can I transfer to my unregistered account and have a loss of some value. If I chose to leave it in TFSA can you suggest a couple top replacement for MG? Tks and much appreciated Larry ( unless of course you feel I should hold )I do have other options for the funds needed.
5i Research Answer:
A direct transfer would trigger the CRA superficial loss rule. So it is best to sell, transfer...