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 ...

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...

Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...

However, other tax changes are going ahead as planned. The 2024 federal budget included a proposal to increase the capital gains inclusion rate in Canada ... a cottage property) to take advantage ...

Former finance Chrystia Freeland, who's also seeking the Liberal Party of Canada leadership, vowed last month to repeal the capital-gains tax measure. Carney, the perceived frontrunner in the Liberal ...

Since Canada has a tiered tax system, you will have to do ... According to the CRA, a property is exempt from capital gains tax if your situation meets these four criteria: “It is a housing ...

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 ...

For years, the adage, “renting is just paying someone else’s mortgage” has spurred many discussions about housing in Canada.

Former finance Chrystia Freeland, who's also seeking the Liberal Party of Canada leadership, vowed last month to repeal the capital-gains tax measure. Carney, the perceived frontrunner in the ...