Frequently Asked Questions

To follow are general tax related questions and answers our investors often have with respect to their investment in WCSB Investment Programs. As WCSB does not keep tax information on each individual investor, investors are encouraged to contact their own investment advisor or their tax consultant for further advice on their investment.

When will my T5013A Tax Forms be mailed out?

January and February of each year, WCSB compiles the tax information required to prepare per unit tax factors. The information is then forwarded to your investment advisor’s back office in order for them to prepare individual investor T5013A tax forms that will be mailed to you. The T5013A is mailed to you directly from your investment dealers back office on or before March 31st of each year.

If it you have not received your T5013A by April 5, 2010, please contact your investment advisor and they will need to contact thier back office.

What is my adjusted cost base (ACB) and how do I calculate it?

The adjusted cost base or “ACB” of your investment is the cost per unit less any tax deductions claimed by you. Your ACB will be nil once the tax deductions claimed by you equal 100% of your original investment. A nil ACB means that you will have a capital gain on the disposition of your investment. To calculate your personal adjusted cost base, please contact your investment advisor.