Canadian Tax Advice - MoneySense

Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets....

Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...

Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?

With planning and the right documents, the capital gains tax owing on a family cottage can be lowered. Here...

There may be tax implications to renting out your home after moving out of it. There are also some...

Borrowing against a policy’s cash value can provide tax-free income. But there are still costs involved and other factors...

The new subsidized child-care spaces are indeed a bargain, but they come with reduced tax benefits. Here’s how to...

If the property was bought before 1994, there may already have a $100,000 capital gains deduction.

Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.