I'm getting the run around from private wealth management firms that I've talked to about starting an RRSP to invest in small businesses and property. It's allowed by CRA but I'm finding it hard to find a trustee (company that manages the paperwork).
This needs to specifically be BOTH small business shares in private corporations and mortgages or property.
This other recent thread covers trustees who presently provide arms-length mortgages from registered accounts ... it seems there are now five, though I've read the B2B Bank (Laurentian) is becoming more difficult with their liquidity requirements.
There is also an new player (Community Trust Company Ltd.) since I did my research a few years ago.
As I mentioned in response to you in the other thread, I do not know if they also accommodate holding CCPC shares in a registered account, but I would suspect they would be more likely to do that than most of the bigger firms.
It never hurts to ask.
I find Olympia Trust to be extremely good for this
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