❌ No, you do not need to report registered accounts (like TFSAs and RRSPs) on the T1135.

Here’s the breakdown:


βœ… You must file T1135 if:

  • You own specified foreign property with a total cost of more than $100,000 CAD at any time during the year.

🚫 But you do not have to include:

  • Registered accounts, like:
    • TFSA (Tax-Free Savings Account)
    • RRSP / RRIF
    • RESP
    • RDSP

CRA specifically excludes these accounts from T1135 reporting, even if they hold foreign investments inside them.


πŸ‘€ What is included:

  • Foreign stocks held in a non-registered brokerage account (even if traded on a Canadian exchange)
  • Funds held in foreign bank accounts
  • Real estate located outside Canada (unless it’s for personal use)
  • Foreign mutual funds
  • Crypto held with a non-Canadian exchange (case-by-case)

For more info check CRA website hereΒ 

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