Question: 1. What do you understand by non- capital loss? How it is created and also explain its tax treatment. 2. Do you think investing in

1. What do you understand by non- capital loss? How it is created and also explain its tax treatment.

2. Do you think investing in RRSP is a good idea? If yes, why it is attractive from the tax point of view?

3. When it is unclear whether a gain or loss on a sale of property is of a capital nature, what factors are considered when judging the transaction?

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