β No, you do not need to report registered accounts (like TFSAs and RRSPs) on the T1135.
Here’s the breakdown:
β 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.
π« 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.
π 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