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Can I use the SRS funds to exercise the stock options issued by my company?

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The Government does not restrict the exercise of stock options within SRS, provided that the following conditions are met:  i) The monies used to exercise the stock options must come from the SRS account;    ii) The shares from the exercise of the stock options must be retained within the SRS account, and;  iii) The proceeds from the sale of the shares (from the exercise of the stock options) must be returned to the SRS account. The conditions listed above are also applicable for most other investments.    We advise that you approach your SRS operator for more information.

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