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

How to calculate your capital gains tax

How to calculate your capital gains tax

Do you have to pay capital gains tax for the 2017 tax year? Here’s the general path to figuring that out
When you sell any stock outside of an RRSP or RRIF, you must pay capital gains tax if you’ve made a profit on the sale. Determining your capital gains… Read More

How to pick the best Canadian index funds

How to pick the best Canadian index funds

Canadian index mutual funds were among the better financial innovations to come along in the past few decades, but ETFs may well eclipse them in 2018.
Canadian index mutual funds are specialized mutual funds that aim to equal the performance of a Canadian market index, such as… 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