Capital gains tax in Canada, explained + MORE Jan 31st

All about Canadian investments. Learn the ins and outs and get the latest news.
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Compare high-risk auto insurance quotes for Ontario + MORE Feb 5th

The cost of auto insurance—which is required for drivers in Canada—can vary widely. Why? Because it’s all about risk. How risky your car is—is it prone to safety issues that could cause an accident? Is it a car-thief magnet? How risky your neighbourhood is—whether you live in an urban or r.... More »

MoneySense reader survey: Help us get to know you Feb 7th

We’d love to get your thoughts on personal finance. It’s just a quick three-question poll for a future article. All responses are anonymous. MoneySense does not keep your email address for this survey. That said, feel free to sign up for one or all three of the free MoneySense newsletters. .... More »

Canadian Partnership Against Cancer: Working together to reduce the heavy burden of cancer - The Hill Times + MORE Feb 10th

Canadian Partnership Against Cancer: Working together to reduce the heavy burden of cancer  The Hill TimesCanadian Cancer Society fights financial burden of disease on World Cancer Day  CTV NewsEven with health care, cancer inflicts ‘enormous financial strain’ on patients&nbs.... More »

Questrade trading fees: Good news for Canadian investors Feb 12th

With a TV ad aired during the 2025 Super Bowl on February 9, digital brokerage Questrade has announced it will offer commission-free stock and exchange-traded fund (ETF) trades henceforward. That brings to three the number of 0% commission investment brokers available to Canadians, along with Wealth.... More »
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Ayana Forward, financial advisor Feb 14th

Meet Ayana Forward Ayana Forward is a Certified Financial Planner based in Ottawa, Ont. She owns Retirement in View, a fee only financial planning firm that specializes in helping clients within one to five years of retirement navigate the financial and lifestyle aspects of transitioning out of t.... More »
Capital gains tax in Canada, explainedCapital gains tax highlights

Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion rate being changed as of June 25, 2024, it has since been delayed until 2026 by the Department of Finance Canada. Here’s what is proposed. For individuals, the inclusion rate is either 50% or 66.67%, depending on the size of the capital gain.

With the current federal and provincial/territorial tax rates in Canada, no one pays more than 27% capital gains tax on gains of under $250,000.

You can reduce the amount of capital gains tax you owe by holding your investments in registered accounts, offsetting capital gains with capital losses and claiming the principal residence exemption.

Selling high-performing stocks or a cottage property can reap significant profits, and those moments are worth celebrating. But while you’re enjoying the spoils of your investments, keep in mind that you’ll eventually have to pay tax on them. In Canada, most gains on capital assets are taxed…

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The best chequing accounts in Canada for 2025Chequing accounts are used for everyday transactions, like bill payments and ATM withdrawals. But although most chequing accounts are known as a useful, if boring necessity, the best ones in Canada—like those on our list of award-winners—offer low or no fees, rewards on spending, high interest rates and plenty of other reasons to get excited.

Featured Accounts

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The Chequing Account For Newcomers to Canada

Awarded Best Bank for Newcomers to Canada by MoneySense. No monthly fees for up to 3 years and $100 cash back when opening an account.

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Simplii Financial No Fee Chequing

Unlimited transactions and no monthly fees. Plus eligible new account holders can earn up to $300.

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EQ Bank Personal Account

Earn up to 3…

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Capital gains. Even the mention of these two words together can immediately conjure myths about owing the government 50% of the money earned from selling a home. But, like most rumours, it’s only half true—for now. You may have also heard that Budget 2024, the Canadian federal government introduced an increase on certain capital gains. That’s 100% true—for a brief while.

Capital Gains Tax News
The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year.The deferral moves back the implementation of the change from June 25, 2024 to January 1, 2026.

The deferral offers a reprieve for Canadians and businesses who were seeking clarity as the tax deadline nears. The hike is meant to raise the portion of capital gains on which companies pay tax to two-thirds from one-half. The policy would also apply to individuals with capital gains earnings above $250,000.

While the hike was proposed in the Liberals’ latest federal budget and introduced later as a ways and means motion, it hasn’t passed in Parliament, which is prorogued until March 24…

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Trump tariffs still coming Saturday, White House says after ‘false’ report  Global News TorontoTrump: Nothing Canada, Mexico or China can do to delay Feb 1 tariffs  Reuters CanadaVarcoe: As Trump weighs tariffs on Canadian oil, concern mounts over ‘investment drift’ into U.S.  Calgary HeraldU.S. tariffs on Canada to start Feb. 1 with levies on oil and gas “around” Feb. 18, Trump says  The Globe and MailCanada’s pork farmers say Trump’s tariffs put ‘a lot of jobs’ at stake  CTV News

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