Canopy Growth Corp (WEED)

[KevinAndy]

Hello MMPRuser
I've been reading this board since August 2016 right around the time of the Allard decision. First time I had genuine input:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/contributing-your-spouse-s-common-law-partner-s-rrsps.html

If you withdraw your RRSP funds, you will be taxed at your rate, but when you purchase the spousal RRSP funds, you will be credited at your rate, so for 2018, that's a wash.

The money has to sit in her 'hands' for three years before she can withdraw it at her rate.

My wife stays home with the kids and I've built my CGC $ in two TFSAs. In 2017, I moved money into a spousal. I will open a new one this year and move more money over. In 2020 she will start draining one three year old account annually, hopefully forever. I get back a good % when I make the purchase, she pays nothing upon removal. I plan for $12K annually, tax free for her.