First of all what should I declare as pension Income the Canadian equivalent or the foreign value? You ask for the exchange rate . This leads me to think that you want me to declare the foreign amout .
I used Impot Rapide for decades and never had any problems whatsoever.
You report this amount under the Foreign Income Slip:
Depending on how the amount is reported on the slip > if it is reported in a foreign currency, you will have to convert it to Canadian dollars:
https://www.bankofcanada.ca/rates/exchange/annual-average-exchange-rates/
If you are using TurboTax Online:
Under the same Foreign Income Slip > use the "Other pension income: Exempt portion" Box to report the deduction on line 25600
If you are using TurboTax Desktop/Download:
Under other deductions > continue to the last page of Additional deductions and add it under "Other income exempt under a tax treaty"
I hope this was helpful
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