The T5008 is a Canada Revenue Agency form that in previous years was submitted on your behalf through CIBC. It is now provided to you within your tax package, in addition to your Transaction Summary, the customized Wooding Group Realized Gain/ Loss report, and the ICS Realized Gain/ Loss report ( if applicable). The Realized Gain/ Loss reports are still your primary resource for filing your taxes and contains all important details, including your adjusted cost base (ACB).
You may have noticed that Box 20 on the T5008 is zero. This doesn’t mean that the original cost or book value of the securities is zero. You will continue to file as usual. If you have not received any of your tax documentation, or if you have any questions or concerns, please do not hesitate to contact us. Thank you for your continued patience as we navigate this new process.