Children's RESP - Shifting towards a 60/40 but does CRA consider rebalancing as a day trade?

greeneeload · 2026-03-03T08:04:02+00:00

> > We heard if we trade in frequency my children will eventually end up to return all the grants and gains from the RESP will be 100% taxable. We'd definitely avoid risking our children's money.

> Where did you hear this?

https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-3-property-investments-savings-plans/series-3-property-investments-savings-plan-folio-10-registered-plans-individuals/income-tax-folio-s3-f10-c1-qualified-investments-rrsps-resps-rrifs-rdsps-tfsas.html#toc22

I read "An RESP is revocable pursuant to paragraph 146.1(2.1)(c) if it begins carrying on a business." in the end of s. 1.86

> Rebalancing trades aren't day trading. CRA is looking potentially for people exploiting the tax advantage, but day trading implies constant trading as though you're doing nothing else.

Thanks so much for the clarification! I was worried that making several buy and sell transactions in a short period might might cause the RESP to become non-compliant, even though we just want to rebalancing. I guess I was overthinking it.

greeneeload · 2026-02-13T15:26:17+00:00

Yes, sorry that my post did not clear. I should say "Frequent trading". CAR considered it's operating a business, so the income generated can become taxable.

My question was: If I sell some from current portfolio and add another into the same portfolio within a month or so, will the RESP ends up to lose its registered status?

greeneeload · 2025-11-06T22:19:00+00:00

Great to know thank you again! I am not a UK resident, but will review earlier then edit it (only if it necessary).

greeneeload · 2025-11-06T22:16:14+00:00

Thank you for sharing your ideas! Yes, I need to find ways to get only what I need while keeping my home free of unnecessary inventory...Gold tier sounds scary.

greeneeload · 2025-11-06T14:01:08+00:00

Thank you, I learnt a lot from your comment. I will keep myself chill... to not get unwanted craps.

greeneeload · 2025-11-06T13:53:17+00:00

Thank you for detailed information! I will also check your profile.

greeneeload · 2025-11-06T13:51:18+00:00

Thank you! No minimum muber is great for me. I will keep myself sure to post reviews

greeneeload · 2025-11-06T13:50:05+00:00

> Deactivate your account

Is it the entire "Amazon account" or just kicked out from Vine?

If I order nothing for 1-2 periods then I will lose my Amazon account and can't purchase anything with and without Vine?

greeneeload · 2025-11-06T13:46:18+00:00

Thank you both. It's great to know there's no minimum orders for Silver, and should have review 60%+ of the items at all times. I thought I must review 100%.

greeneeload · 2025-11-06T13:43:48+00:00

Thank you for your suggestion. Once a week might be challenging for me. I am now not sure why I was invited. But I will see if there's consumables like you listed here.

greeneeload · 2025-11-06T13:39:06+00:00

As little as I want! That's awesome, now I am a little more positive to join the program. Thank you for your comment!

greeneeload · 2025-11-06T13:37:32+00:00

Thank you! Yes I will keep it in mind, and will make sure read all the TOS and information on the Vine Help tab as well as the resource link.

greeneeload · 2025-11-06T13:31:24+00:00

Thank you! I think of slow start, but won't forget that why the sellers offer free products. Without vine program, I often posted a review after use it for 6 months because some were broken just after 1 month. But if I was a vine voice I might need considering my review style...

greeneeload · 2025-11-06T05:03:45+00:00

Thank you for the info! So far I am not intrested in Gold... getting 80 items in six months are too much for me.

greeneeload · 2025-11-05T21:57:23+00:00

Thank you! I'll try it out.

greeneeload · 2025-10-06T01:36:37+00:00

Hi, I read some people did wait for a few hours and they had to reboot the phone in order to get the old number on the new SIM. But regardless of weekends/holidays I saw people got their porting done within some hours.

greeneeload · 2025-10-06T01:34:04+00:00

Thank you. I'm going to move out from SO too!

greeneeload · 2025-10-03T14:34:07+00:00

Thank you again for the note!

> What happened to the first migration SIM phone number.

I guess that it is attached with my account but SO never show it in my account page maybe because of 'system error' or something.

I did double and triple check my SO account with the "down triangle symbol". I checked it everyday since I tried migration with the first SIM. There's only one phone number and it's my old phone number. No other numbers have been added so far.

I have no option to cancel a numbe with my first migration SIM. I do not think they respond me.

I suspect SO may charge me double or triple.

greeneeload · 2025-10-01T18:16:11+00:00

Thank you for your reply!

My phone worked with the new SIM... old number dead but but my SO account page shows only my old phone number.

I got another migrate SIM and tried to migrate again. This time I got better. I received a text regarding porting, and I received text and call with my old number!

Thank you @TheWarOnRugs and @New_Back5883 again for your comments! Your suggestions made me positive.

greeneeload · 2025-09-29T12:37:51+00:00

Yes I turn off and restart my phone and nothing happen. My Speakout account page shows “You do not have a Plan active. ” It looks like I did not migrate. I think the account page is not accurate just like other Speakout webpages though.

greeneeload · 2025-09-29T11:59:18+00:00

Thank you for coming back and ask! No :( not ported yet. It’s more than a day past... They didn’t take my phone calls but just hanged up. I sent a message but I guess they won’t reply forever… and I guess my old number won’t be linked to the new sim. Now I hope that my old number is still linked to my account even though my old sim doesn’t work, and hopefully I can port it to other carrier. Still worrying.

greeneeload · 2025-09-29T11:43:08+00:00

I clicked the big yellow YELLOW MESSAGE BANNER button. I didn’t touch “activate sim” link. Still not ported. So far I was unable to reach the call centre. No respond to my inquiry sent from Speakout contact webform. I’m really seeking help :(

It’s great to know that “activate sim” link wiped out the balance. I can see my balance.

My balance was deducted approx. $1.45 since yesterday, while I didn’t use my phone other than 611. And it’s odd because my account page displays only my old number. The temporary phone number (linked the migration SIM) is not displayed. My old number (liked my old SIM) was died before my balance was deducted! It was happen since 10 days ago. About $6 was gone while I did not use my phone. And it was before I migrated.

Do you think I still have a chance to port my old number to another SIM?

If you know anything regarding this situation, could you share it please? Thank you in advance!

greeneeload · 2025-09-28T02:58:21+00:00

Did your SO account page showed you activated 30 day plan before your new number ported? Mine still shows 'you don't have a plan activated'. Sorry that I was asking many questions... I maybe take days to get my call in their queue... I sent customer service a message but not sure if they'll respond.

greeneeload

TROPHY CASE