Capital gains in Canada: How to do smart tax-loss selling

Capital gains in Canada: How to do smart tax-loss selling

Use tax-loss selling to offset your taxable capital gains in Canada.
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada.  You can then use these losses to offset your taxable capital gains.

In… Read More

The Ins and Outs of Capital Gains Tax for Investors

The Ins and Outs of Capital Gains Tax for Investors

Capital gains occur when an investor sells an asset. To calculate capital gains, the total of the adjusted cost base (ACB) is subtracted from the proceeds of the sale. The adjusted cost base of the shares is equal to the cost of the shares plus… Read More

Who pays capital gain tax?

Who pays capital gain tax?

Look no further if you want to discover who pays capital gain tax (and if it includes you)

Who pays capital gain tax? Investors who sell a stock outside of an RRSP or RRIF pay capital gains tax if they’ve made a profit on the… Read More

Retirement income planning for you and your spouse

Retirement income planning tips for when one spouse has lower income.

There are a few retirement income planning steps you and your spouse can take to lower your taxes.

These steps work especially well if your spouse makes a lower-income than you do. There are… Read More