Capital Gains

Capital gain is when you sell, or are considering to sell a capital property for more than the total of its adjusted cost base and the outlays and expenses incurred to sell the property. If it’s less then it would be considered as a capital loss.
In Canada, 50% of the value of any capital gains are taxable. Should you sell the investments at a higher price than you paid, you’ll need to add 50% of the capital gain to your income.
Overall, capital gains are a good thing; it means that your investment has been doing well and that you’re earning money through profitable returns.
Unlike stocks & bonds, profits made from selling your family home (i.e. principal residence) are usually exempt from tax. You’ll still report the sale during the year it was made, but any profit you make from your primary residence won’t be considered capital gains.

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