I moved investments between brokers - is my ACB wrong?

Transfers silently break cost bases.

Is this you?

I transferred stocks between brokers
No sale occurred
I trusted the receiving broker's numbers

"The brokerage tracks everything correctly."

Receiving brokers often record the transfer value as market price on the transfer date - not your original cost. This can cause double taxation or lost losses.

Why guessing is risky

Incorrect ACB leads to over- or under-reporting
CRA challenges unsupported cost bases
Errors surface years later when assets are sold

Safe to ignore if

No transfers occurred
ACB was independently tracked

Stop and check if

Assets were transferred between brokers
ACB wasn't reconciled manually

Resolve the doubt

Check my ACB accuracy (2 minutes)

We'll tell you if this needs reporting and what to do next.

"Most people fix ACB before a costly sale."