Conversion of Contribution Receipts. For the purposes of issuing contribution receipts, the value of any U.S. dollar or U.S. securities contributions to a registered account in U.S. dollars are converted into Canadian dollars. In the case of U.S. securities, the conversion is based on the market value of the securities. The exchange rate used for the conversion is the rate in effect on the day the contribution is made.
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Samples: And Disclosure of Personal, nbdb.ca, nbdb.ca
Conversion of Contribution Receipts. For the purposes of issuing contribution receipts, the value of any U.S. U.S dollar or U.S. securities contributions to a registered account in U.S. dollars are converted into Canadian dollars. In the case of U.S. securities, the conversion is based on the market value of the securities. The exchange rate used for the conversion is the rate in effect on the day the contribution is made.
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Samples: www.nbin.ca
