Hoy holds 2000 shares of DEF, which have an adjusted cost base of $25,000. He contributes the shares his to RRSP at a value of $30,000. What effect, if any, will this contribution have on his taxes? He will be able to claim an RRSP contribution tax deduction. He will incur a taxable capital gain. He will not be able to claim an RRSP contribution tax deduction because the contribution was not made in cash. A & B