Gains and Losses

Capital-gain reporting starts with careful records, a sale or deemed disposition, and the correct cost base.

What Belongs Here

Use this subsection when the question is about the tax result of selling or disposing of property, not when the issue is ordinary interest or dividend reporting.

Best Starting Pages

Use these pages together when the question is not “what investment income slip is this?” but “what happened when an asset was sold?”

• Capital Gain
• Adjusted Cost Base
• Taxable Capital Gain

Practical Reader Path

Readers usually need all three pages in sequence:

1. identify whether a disposition created a capital gain
2. calculate or check the Adjusted Cost Base
3. understand how much of the result becomes a Taxable Capital Gain

In this section

• Adjusted Cost Base
  Learn what adjusted cost base means and why accurate records matter for Canadian capital-gain calculations.
• Capital Gain
  Understand what a capital gain is in Canada and why selling capital property can create taxable income.
• Taxable Capital Gain
  Understand taxable capital gain as the portion of a Canadian capital gain that must be included in income.