$4$

Markus is the annuitant under two spousal RRSPs: one held at a bank and one held at a credit union. His common$-$law partner, Wendy, is the contributor to each plan. On February ${14}^{th}$ of last year, Wendy contributed $$15,000$ to Markus' spousal RRSP held at the credit union. The last contribution made to Markus' spousal RRSP at the bank was two years ago. Assuming the contribution made by Wendy last year is the last transaction to take place in either spousal RRSP$,$ what is the EARLIEST date Markus can withdraw $$10,000$ from his spousal RRSP held at the bank such that the withdrawal will be taxable in his hands?

a$)$ immediately

b$)$ January $1^{st}$ of next year

c$)$ January $1^{st}$ in two years

d$)$ December ${31}^{st}$ of next year