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 ...

Anemic economic growth. Stagnant wages. Lagging business investment. What’s the Liberal government’s answer to all of this?

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 ...

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 extension comes after the government deferred the effective date of the capital gains inclusion rate hike to Jan. 1, 2026 ...

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 ...

Even so, following government practice around tax change proposals, the Canada Revenue Agency (CRA) has already begun collecting capital gains taxes at the new and higher rate. With the House of ...