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Capital Gains

A group of friends sit around a table, planning for the year ahead

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Year-end tax and financial planning considerations

Some strategies are time-sensitive, while others can help you start the new year on the right foot.

Year-end tax and financial planning considerations
A Canadian self-employed graphic designer is wondering about their quarterly income tax payments.

Taxes

Do you have to make quarterly tax remittances in Canada?

Here’s a guide to making the right tax installment payments, including answers to common questions about the process.

Do you have to make quarterly tax remittances in Canada?

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A group of Canadians paying different taxes

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How high tax rates hurt the economy

What is tax fairness? How can high tax rates hurt the economy? Let’s explore what a flat tax could...

How high tax rates hurt the economy
A couple receive the keys to their new home from a realtor

Real Estate

The tax implications of buying a second home in Canada

Vacation or rental property, or both? Here are the taxes you can expect on a secondary property in Canada,...

The tax implications of buying a second home in Canada

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Tax implications of adding a child’s name to your rental property

To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...

Tax implications of adding a child’s name to your rental property
A young man is smiles as he considers ways to minimize his capital gains tax

Taxes

Capital gains tax in Canada, explained

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

Capital gains tax in Canada, explained
Two empty Muskoka chairs on a deck, to inspire the contrast of the perks of a cottage in Canada and the financial implications.

Real Estate

Yes, a cottage is an investment property—here’s how to minimize capital gains tax

Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...

Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Canadian couple in the kitchen of their cottage as they contemplate selling and if they an avoid taxes.

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Can I sell my cottage tax-free?

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

Can I sell my cottage tax-free?

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Canadian mom and child at the cottage she inherited from her father and shares with her siblings and step mom.

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Inheriting cottage and the capital gains implications

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

Inheriting cottage and the capital gains implications

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