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In the past year I have had to sell some RRSP's to stay afloat financially, unfortunately the income from the RRSP has changed my tax bracket and I am now faced with a hefty tax bill. How can I use my Capital Losses from 2008 to offset this. I have no Capital gains to back offset with losses.

Thanks in advance
:(
 

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Sorry about your situation....but I think that if you were to have to declare bankruptcy, you could keep all RRSP's that you had. (with the exception of the last 12 months)

Is getting a loan an option?
 
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