The 2016 Canadian federal budget proposed to change the rules relating to tax-deferred switching inside mutual fund corporations. Effective December 31, 2016, switches from one class of funds to another are no longer done on a tax-deferred basis.
The 2016 Canadian federal budget proposed to change the rules relating to tax-deferred switching inside mutual fund corporations. Effective December 31, 2016, switches from one class of funds to another are no longer done on a tax-deferred basis.