Regulations allowing foreign currencies in RSPs are recent. In 2001, the CRA (Canada
Revenue Agency) amended tax laws to allow foreign currency holdings. In June, 2005,
the CRA removed the 30% foreign property cap in registered savings plans. On April
1, 2006, the IDA (Investment Dealers Association of Canada), the Canadian financial
industry regulator, classified currencies as allowable assets in RSPs. This opened
the door for Questrade's USD in RSP.