When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more.
Selling high-performing stocks or a cottage property can reap significant ... Let’s look at how capital gains tax works in Canada and strategies to avoid paying more taxes than you need to ...
Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...
The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...
The extension comes after the government deferred the effective date of the capital gains inclusion rate hike to Jan. 1, 2026 ...
Canada Prime Minister Justin Trudeau’s government is reversing course on a signature tax measure, deferring the implementation of an increase to capital-gains levies on corporations and wealthy ...
OTTAWA, Jan 31 (Reuters) - Canada's government announced on Friday that it would defer the implementation of controversial changes in the capital gains tax to Jan. 1 of next year. People who fell ...
In a post on X, federal finance minister Dominic LeBlanc confirmed the proposed increase to the capital gains inclusion rate ...
A client who’s held a mutual fund for a long time can have significant capital gains, so liquidating all at once wouldn’t be ...