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What is pension credit? And what do you mean by optimizing capital gains?
The pension credit applies to $2,000 per spouse in applicable income. It's not huge, but is one of the things that helps reduce the tax rate in retirement.

As for optimizing gains, I mean simply that I can manage/manipulate income in retirement. This is because my base income is low. So if I sell a holding for a significant cap gain, I forego melting the RSP that year. Or vice-versa. I do this with an eye on the tax brackets.

The upshot is that as a retired person I can optimize when I pay taxes in order to minimize them.
 
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