Principal Issues: Whether subsection 207.04(3) now applies with respect to RRSP and RRIF investments acquired before March 23, 2011.
Position: Yes. The comments in 2011-042604 are no longer applicable.
Reasons: Subsection 207.04(3) was subsequently amended by S.C. 2013, c. 40, ss. 75(2) with effect from March 23, 2011.