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

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 ...

A cheat sheet for issues related to capital gains, dividends, cryptocurrencies, inheritance and more.

A tax increase that’s unlikely to ever become law has nonetheless earned the Canadian government billions of dollars in ...

Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a tax cut for the middle class if he ...

Canadians who emigrate to the United States or elsewhere face many decisions and considerations associated with departure, but careful tax ...

In Canada, taxpayers can receive tax credits for charitable ... an inclusion rate of half of the gains. Capital gains occur when you sell or transfer a property for a price higher than the ...

Strategies such as flipping houses can result in a large return on investment after the sale of the property. However, capital gains tax on real estate can eat into a large portion of that return.

A home seller may not owe any capital gains ... how much tax will be owed include your filing status and income, as well as the your history of owning and occupying the property.

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 ...