Singer, "Mortgages with Equity Tickers May Qualify as RRSP Investment", Taxation of Executive Compensation and Retirement, May 1990, p. 283.

RC will not insist on the inclusion of the fair market value of real property acquired on foreclosure if the foreclosure was necessary to protect the RRSP's investment, and resulted from actions or defaults on the part of the mortgagor, and provided further that the property is disposed of within a reasonable period of time.