GAC, everything is taxable in a RRSP when you take it out of the RRSP. It gives you the flexibility to withdraw a small portion every year to flatten the impact of marginal taxation.

Dont forget that your RRSP contribution limit goes up only by 25k every year if you're Brad Cann. You have to pick wisely whats inside to boost your retirement savings. Brad makes 400k/yr.

Put yourself in his position. He still has a bunch of cash stocks, options and RSU. Imagine a buyout. He has a lot of taxes to pay even with a smaller marginal rate because of the capital gain, year 0. His RRSP stock doesnt get taxed right away, he can take it out slowly during his upcoming retirement, best of both worlds.

Bullish sign imo.