Withdrawals from an RRSP are taxed as regular income at the plan holder's marginal tax rate, regardless of the type of income earned within the plan. The feedback from the document states:
"Contributions withdrawn from an RRSP are taxed as regular income at the plan holder's marginal tax rate." Reference: Chapter 6 - Tax and Retirement PlanningLearning Domain: The Know Your Client Communication Process

Loss aversion bias causes investors to hold onto unprofitable investments due to a stronger desire to avoid losses than to seek gains. The feedback from the document states:
"Loss aversion bias states that people generally feel a stronger impulse to avoid losses than to acquire gains.
Loss aversion can prevent people from unloading unprofitable investments, even when they see little to no prospect of a turnaround." Reference: Chapter 5 - Behavioural FinanceLearning Domain: The Know Your Client Communication Process

Capital gains are realized when an investor sells a fund at a profit. Selling units at $18.80 (purchased at
$17.60) triggers a taxable capital gain in a non-registered account. The feedback from the document states:
"Capital gains are generated when an investor sells an investment for more than the price paid; for example, selling a stock at a profit will generate a capital gain. Capital gains are not realized when an investment goes up in price; a sale must occur." Reference: Chapter 16 - Mutual Fund Fees and ServicesLearning Domain: Evaluating and Selecting Mutual Funds