Capital gains calculator Canada
Estimate taxable capital gains and after-tax proceeds while separating personal planning from tax advice.
Estimate taxable capital gains and after-tax proceeds while separating personal planning from tax advice.
Estimate taxable capital gains and after-tax proceeds while separating personal planning from tax advice.
The 2024 federal budget changed the capital gains inclusion rate. Gains up to $250,000/year are included at 50%. Gains above $250,000 are included at 2/3 (66.67%). Corporations pay 2/3 on all gains. See the policy update for context.
A capital gain happens when you sell a capital asset for more than you paid. The most common triggers are stocks, ETFs, mutual funds outside of a registered account, real estate (other than your principal home), cottages, and crypto. Inside a TFSA, RRSP, FHSA, or RRIF you don't trigger a capital gain — that's the whole point of using them.
The 2024 budget split the inclusion rate into two tiers for individuals. Anything you make below $250,000 in a year is taxed on 50% of the gain — same as before. Anything above that line is taxed on 66.67% of the gain. For most retail investors this won't matter, but it matters a lot for people selling rental properties, businesses, or large concentrated stock positions.
Your main home is fully exempt from capital gains under the Principal Residence Exemption. This is one of the biggest wealth-building features of the Canadian tax code. If you own multiple properties (e.g., a city home and a cottage) you can only designate one per year as your principal residence, so you'll want to do the math before selling.
Even though the gain is exempt, you still have to report the sale on your tax return using Schedule 3 — failing to report it can disqualify you from the exemption.
If you sell a security at a loss and either you or an "affiliated person" (spouse, controlled corporation) buys an identical security within 30 days before or after the sale, the CRA denies the loss. The disallowed loss is added back to the cost base of the replacement security. This rule prevents wash-sale tax loss harvesting that's allowed in some other countries.
If you realize more capital losses than gains in a year, the net loss can be:
Capital losses can only offset capital gains — not regular income. If you have substantial losses, our 2026 capital gains guide walks through the carryforward strategy in more detail. To project growth in tax-sheltered accounts going forward, try the TFSA calculator.