Suppose the issuer of an index-linked PPN wants to mimic the S&P/TSX 60. What would it have to purchase in order to provide both a guarantee of principal and a return that mimics that index?

		Primarily a zero-coupon bond and the remainder is a call option on the S&P/TSX 60.
		Entirely in an exchange-traded fund (ETF) that tracks the S&P/TSX 60.
		Primarily in a T-bill and remainder in a basket of stocks which make up the S&P/TSX 60.
		Half in a market-linked guaranteed investment certificate (GIC) and half in an exchange-traded fund (ETF) that tracks the S&P/TSX 60.

William generated the following income during 2021: $65,000 salary; $5,000 bonus; $10,000 in net rent from investment property; $18,000 in capital gains from the sale of shares; $6,000 in dividend income from his shares. Calculate Charles RRSP contribution limit.

		$17,640
		$14,400
		$17,100
		$16,020

Brenda owned shares of HJK Ltd, which had an ACB of $16,000. She contributed those shares directly to her RRSP account. When she made that contribution, the value of those HJK Ltd shares was $15,000. What effect, if any, will this contribution have on her taxes?

		She will be able to claim an RRSP contribution tax deduction of $16,000.
		None of these are correct.
		She will be able to claim a capital loss.
		She will be able to claim an RRSP contribution tax deduction of $15,000.

A defined benefit pension plan has advantages over a defined contribution pension plan, including _____________.

		both the employer and employee may contribute to the plan
		the employee does not assume investment risk
		can be rolled over into a LIF when an employee leaves a firm
		all of these are correct