Investment Income
How investment income is taxed in Canada — capital gains, Canadian dividends, TFSA sheltering, tax-loss harvesting rules, and foreign investment reporting.
2026-05-28
TFSA Contribution Room 2026 Canada: Annual Limits + Lifetime Maximum
TFSA contribution room 2026 is $7,000. Total lifetime room since 2009 is $109,000 for someone 18+ in 2009. Year-by-year table, recontribution-of-withdrawals rules, and how to verify via CRA My Account.
2026-05-28
TFSA Overcontribution Penalty 2026: 1% Per Month + Form T1-OVP
Contributing to a TFSA beyond your room triggers 1% per month under ITA §207.02 — assessed every month the excess remains. Mechanics, T1-OVP filing, CRA reasonable-cause waiver, and the 6 common triggers.
2026-05-28
TFSA Withdrawal Rules 2026 Canada: When You Can Recontribute Without Penalty
TFSA withdrawals don't restore your contribution room until 1 January of the year after. Recontributing same-year triggers the 1% per month overcontribution tax. Mechanics, exceptions, and year-end timing.
2026-05-26
Canadian Capital Gains Inclusion Rate: 2024 to 2026 History
The 2024 Budget proposed 2/3 inclusion above $250k. Here is the full timeline, the 2025 scrap, and what 2026 actually looks like.
2026-05-26
Canadian LCGE 2025: $1.25M Exemption + CNIL Grind Explained
How the Lifetime Capital Gains Exemption works on QSBC + farm/fishing property, and how CNIL balance silently reduces it.
2026-05-26
QSBC Share Tests: Will Your Shares Qualify for LCGE?
Three tests for Qualified Small Business Corporation shares. CCPC status, 90% active business assets, 24-month look-back.
2026-05-26
Tax-Loss Selling Canada: The 30-Day Superficial Loss Trap
How to harvest losses without triggering ITA s.40(2)(g)(i). The 30-day window, affiliated persons, and TFSA/RRSP repurchase trap.
2026-05-26
TFSA US Tax Treatment: Why US Citizens Should Think Twice
TFSA income is NOT US-tax-deferred. Annual 1040 reporting, Form 8938, and the case for prioritizing RRSP.
2026-05-19
Tax on Split Income (TOSI) 2025: When the Top Rate Wipes Out Family Income Sprinkling
How TOSI rules (since 2018) apply the top marginal rate to split income paid to family members — the excluded amount tests and the safe harbours that still work in 2025.
2026-05-03
Lifetime Capital Gains Exemption (LCGE): How Much Can You Shelter Selling Your Business in Canada?
The 2026 LCGE lets Canadian business owners shelter up to $1.275M in capital gains when selling QSBC shares, farm, or fishing property. Eligibility rules, planning strategies, and how the inclusion rate interacts with the exemption.
2026-04-20
TFSA Overcontribution Penalty 2026 — 1% per Month Rule & How to Fix It (CRA)
How the CRA 1% per month TFSA overcontribution tax works, the most common triggers, how to calculate your excess, and how to request a waiver using Form RC243 and RC4288.
2026-04-12
Estate Planning in Canada: Probate Fees and Deemed Disposition on Death
How deemed disposition at death triggers capital gains tax, probate fees by province, the spousal rollover exception, and strategies to reduce the tax burden on your estate.
2026-04-10
Crypto Tax Reporting in Canada: What You Owe and How to File
How the CRA taxes cryptocurrency, which transactions are taxable, how to calculate your gains, and how to report crypto on your Canadian tax return.
2026-03-22
2025 RRSP, TFSA, and FHSA Contribution Limits
2025 RRSP limit of $32,490, TFSA limit of $7,000, and FHSA $8,000 annual limit explained — with carry-forward rules, deadlines, and strategies.
2026-03-22
Capital Gains Inclusion Rate in Canada: 2025 Guide
How Canada's capital gains inclusion rate works in 2025, how to calculate tax on investment gains, the principal residence exemption, and the Lifetime Capital Gains Exemption.
2026-03-22
Capital Gains Tax in Canada 2025: Proposed Changes and Current Rules
What happened to the proposed 66.67% capital gains inclusion rate above $250,000? Current 50% inclusion rate rules, planning strategies, and what to watch for in 2025.
2026-03-22
Dividend Tax Credit 2025 — Eligible vs Non-Eligible
Canada's dividend tax credit in 2025: 38%/15% gross-up, 15.02%/9.03% federal DTC, eligible vs non-eligible, combined effective rates, T5 reporting.
2026-03-22
Pay Down Your Mortgage or Invest in Your RRSP?
Compare the after-tax cost of mortgage debt vs RRSP returns. Learn how to use your RRSP refund to accelerate mortgage paydown, and when the Smith Manoeuvre changes the math.
2026-03-22
RESP vs In-Trust Account for Children's Education Savings
Compare RESPs and informal in-trust accounts for saving for your child's education. Learn about CESG grants, attribution rules on in-trust accounts, and the tax treatment of withdrawals.
2026-03-22
RRSP vs TFSA: Which Is Better in 2025?
A marginal rate analysis of RRSP vs TFSA for different income levels. Discover which account wins at $50k, $80k, and $120k, plus when a spousal RRSP makes sense.
2026-03-22
Salary vs Dividends for CCPC Owners: A Complete Comparison
Should you pay yourself salary or dividends from your corporation? A worked comparison covering integration theory, RRSP room, CPP, the small business deduction limit, and optimal blended strategies.
2026-03-22
Should You Sell Investments This Year or Next?
Learn when to trigger capital gains or losses before year-end. Covers tax-loss harvesting, the superficial loss rule, year-end deadlines, and income smoothing strategies.
2026-03-22
TFSA Contribution Room: How It Works
How Tax-Free Savings Account contribution room accumulates since 2009, the 2025 annual limit, re-contribution rules, and why withdrawals don't count as income.
2026-03-18
TFSA Contribution Room: How It Works & Annual Limits
TFSA contribution room in Canada: annual limits history, cumulative room, over-contribution penalties, and withdrawal rules.
2025-02-15
Capital Gains Inclusion Rate in Canada: What It Means for Investors
How Canada's 50% capital gains inclusion rate works, how tax is calculated on investment gains, and the Lifetime Capital Gains Exemption (LCGE) for business owners.
2025-02-01
RRSP vs TFSA: Which Is Better for You in 2025?
A detailed comparison of RRSP and TFSA to help you decide where to put your savings. The answer depends on your income, tax bracket, and goals.
2025-01-20
Canada Principal Residence Exemption 2025 — T2091 & Capital Gains (CRA)
How the CRA Principal Residence Exemption shelters your home sale from capital gains tax in 2025: designation rules, T2091 reporting, plus-1 rule, and what happens if you have two properties.
2025-01-20
Tax-Loss Harvesting in Canada: How It Works
Learn how tax-loss harvesting can reduce your capital gains tax in Canada, including the superficial loss rule and practical strategies.