Both coswil and jimmied make good points. The new $5,000.00 limit account may be better than an RRSP for many. Remember that money in an RRSP account does not escape income tax. It is only DEFFERED!!! When you retire and draw it, it is taxed and sometimes a lot more than paying capital gains. If you are among the more fortunate who draw good retirement incomes, then more income from an RRSP could hurt you. When certain levels of income are reached, then retirement benefits can disappear. This becomes taxes in my view. Age exemption, old age security, and the GST rebate can all disappear or be reduced. So I'm with coswil. Look at the capital gains tax as the cost of doing business. It's really not that onerous a tax. Let's hope we all have lots of capital gains to pay.