CRA confirms that s. 60.03 permits transferring pension income to the higher-income spouse
CRA indicated that the lower-income spouse, whose fees payable to a retirement home were based on his or her net income for ITA purposes, could in accordance with s. 60.03 transfer 1/2 of the eligible pension income of such individual to the higher-income spouse.
Neal Armstrong. Summary of 29 April 2020 External T.I. 2020-0845211E5 under s. 60.03(2).