Capital gains is the profit you make from selling a capital asset (real eastate, vehicle, collectibles etc) Learn about taxes ...

Pierre Poilievre, leader of Canada’s Conservative Party, is promising to eliminate the increase to the capital gains ...

So, taxpayers have two choices: voluntarily report gains at the higher 66.67% capital gains inclusion rate and potentially ...

Under the new rule, you’ll be taxed on 67 per cent of the net profit (the capital gain) from the sale of your assets.

When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why ...

Budget 2024 significantly changed capital gains tax, eliminating indexation benefits and raising rates. Experts expect minor ...

Parliamentary convention dictates tax proposals are effective as soon as the ... the Liberals introduced a bill to raise the ...

OTTAWA — Federal Conservatives are demanding the Liberals direct the Canada Revenue Agency to stop collecting the higher tax ...

Canada’s tax authority will continue applying the higher capital gains inclusion rate despite Prime Minister Justin Trudeau’s ...

The CRA is expected to issue the forms needed to allow taxpayers to file in accordance with the new capital gains rules by the end of the month. Arrears interest and penalty relief, if applicable, ...

the long-term capital gains tax rate for tax year 2024 ranges from 0% to 28%, depending on your filing status, income and asset type, and few people qualify for a rate higher than 15%. For assets ...