I think I understand. The new tax-free savings account, the TFSA, does allow contributions in kind. However, there is a deemed disposition before the contribution in kind goes into the tax-free savings account. So there is a gain immediately before, as is currently the case with the registered retirement savings plans. Shares from a given company can be transferred to a TFSA. However, if there is a gain at the time of the transfer, that is taxable. From what I understand, you would like that not to be the case.
