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

Wondering what the differences between short-term and long-term capital gains taxes are? Check this guide to learn the important distinctions and how they impact you.

When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament?

Prime Minister Justin Trudeau's government will continue to collect a modified capital gains tax, the finance ministry said on Tuesday, after the proposed measure was thrown into limbo when Trudeau suspended parliament.

Let us move on to some bold changes that will address two of this country’s biggest economic and personal finance challenges: economic productivity and unaffordable housing

The fate of the capital gains tax is up in the air after Prime Minister Justin Trudeau's decision to resign and prorogue Parliament.

In simple terms, a capital gains tax is a tax imposed on the sale of an asset by an individual or business. However, there are some exclusions that you should keep in mind.

Despite the current prorogation, the finance department says the CRA will issue taxpayer forms in accordance with the proposed capital gains rules by January 31. The department says the CRA will stop administering the policy if Parliament resumes and the government signals it will no longer proceed with the proposed changes.