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 ...

The Liberal government's changes to the capital gains tax are now being challenged in ... asked for Parliament to be prorogued. But the Canada Revenue Agency (CRA) is still using the higher ...

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 ...

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 ...

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 ...

Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a tax cut for the middle class if he wins the Liberal Party leadership race and becomes prime minister ...