What RBC Direct Investing provides
RBC Direct Investing provides tax slips and account documents through RBC online banking, with downloadable transaction history. For non-registered accounts you’ll generally receive a T5008 covering your dispositions, along with T3 and T5 slips for distributions and dividends. Trades inside a TFSA or RRSP aren’t reported and aren’t taxable.
Why the cost base may be incomplete
Like every broker, RBC Direct Investing can only compute cost base from activity it sees in your RBC Direct Investing accounts. If you transferred shares in, hold the same security at another broker, reinvested distributions, or received equity-comp shares, its cost figure can be partial or blank — while the proceeds are usually reliable.
A RBC Direct Investing detail worth knowing
Holding the same security at RBC Direct and elsewhere (or in another RBC account) means neither statement shows your full pooled cost base — you must combine them for the correct ACB.
Getting your data into shape
Export your RBC Direct Investing activity (transactions and slips), then build a pooled cost base across all your accounts and brokers — applying reinvested distributions, return of capital, FX on US trades, and any corporate actions. That reconciled ACB, not the raw slip, is what belongs on your Schedule 3.