๐Ÿ‡จ๐Ÿ‡ฆ Canada

Capital Gains Tax Calculator Canada 2025

Calculate capital gains tax on investments, real estate, and plan tax-efficient strategies. 50% inclusion rate with federal and provincial tax brackets.

Canada uses a 50% inclusion rate for capital gains. The proposed increase to 66.67% was cancelled on March 21, 2025. Only half your gain is added to taxable income.
$
Total amount received from selling the investment
$
Average cost of shares purchased (total cost / total shares)
$
Employment income, business income, etc. (affects your tax bracket)
$
Brokerage fees, commissions (deducted from gain)
Provincial tax rates vary
LCGE: up to $1,250,000 exemption for qualifying dispositions
โ€”
Estimates based on 2025 federal brackets. Provincial rates are approximate. Consult a tax professional for complex situations.

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How to Use This Calculator

Tab "Investment Gains"

Enter your sale proceeds, adjusted cost base (ACB), and other taxable income. The calculator shows your capital gain, the 50% taxable portion, and the federal and provincial tax payable. Under "More options," add selling expenses, change province, or apply the Lifetime Capital Gains Exemption for qualifying small business shares or farm property.

Tab "Real Estate"

Enter the sale price, original purchase price, and years owned. Set the years you designated the property as your principal residence to calculate the PRE. Under "More options," add capital improvements and selling costs to reduce the taxable gain. The calculator shows the exempt portion and tax on any remaining gain.

Tab "Tax Planning"

Enter your expected capital gain, annual income, and province. The calculator compares three scenarios: realizing the full gain in one year, splitting it over multiple years, and using RRSP contributions to offset the taxable income. See how much you could save with each strategy.

The Formulas

Capital gain:
Capital gain = Proceeds of disposition - Adjusted cost base - Selling expenses

Taxable capital gain:
Taxable capital gain = Capital gain ร— 50% (inclusion rate)

Tax on capital gain:
Tax = Tax on (Regular income + Taxable gain) - Tax on (Regular income)

2025 federal brackets:
$0 - $57,375: 14.5% (blended)
$57,375 - $114,750: 20.5%
$114,750 - $158,468: 26%
$158,468 - $220,000: 29%
$220,000+: 33%

Principal residence exemption:
Exempt gain = Total gain ร— (1 + years designated) รท years owned
If years designated = years owned โ†’ 100% exempt

Adjusted cost base (ACB) for identical shares:
ACB per share = Total cost of all purchases รท Total shares held

Lifetime Capital Gains Exemption (2025):
QSBC shares: $1,250,000 lifetime limit
Farm/fishing property: $1,250,000 lifetime limit

All rates based on CRA schedules for the 2025 tax year (calendar year). Capital gains inclusion rate is 50% following the cancellation of the proposed increase. Provincial tax varies โ€” the calculator uses approximate 2025 provincial brackets.

Example

David โ€” Software Developer in Ontario, Sells $50,000 in ETFs

David sells ETF units for $50,000 that he purchased for $30,000. He has $80,000 in employment income. Ontario resident.

Capital gain$20,000
Taxable portion (50%)$10,000
Total income with gain$90,000
Federal tax on gain$2,050
Ontario tax on gain$915
Total tax on $20K gain$2,965

David's $20,000 capital gain results in only $10,000 being added to his taxable income (50% inclusion). At his combined marginal rate of about 29.65%, he pays $2,965 in tax on the gain โ€” an effective rate of 14.8% on the full $20,000 gain. The remaining $17,035 is his after-tax profit.

2025 Capital Gains Tax Rates

ItemRate / Limit
Inclusion rate50%
Basic personal amount (federal)$16,129
Lowest federal bracket14.5% blended (up to $57,375)
Highest federal bracket33% (over $220,000)
LCGE โ€” QSBC shares$1,250,000
LCGE โ€” farm/fishing$1,250,000
Principal residence exemptionFull if designated all years + 1
Superficial loss rule30 days before/after
Capital loss carryback3 years
Capital loss carryforwardIndefinite
ReportingSchedule 3, T1 return

Frequently Asked Questions

No. Unlike the United States, Canada does not distinguish between short-term and long-term capital gains. All capital gains are taxed the same way regardless of how long you held the asset โ€” 50% of the gain is included in your taxable income. Whether you held a stock for one day or ten years, the inclusion rate and tax treatment are identical.
No. The federal government proposed increasing the inclusion rate from 50% to 66.67% for gains above $250,000 (individuals) in Budget 2024. However, Prime Minister Carney cancelled this proposal on March 21, 2025. The inclusion rate remains at 50% for all capital gains in 2025 and going forward until any new legislation is passed.
For identical securities (same stock, same account), Canada uses the average cost method. Add up the total cost of all purchases (including commissions) and divide by the total number of shares. When you sell some shares, use this average cost as the ACB per share. Example: if you bought 100 shares at $10 and 100 shares at $20, your ACB is ($1,000 + $2,000) / 200 = $15 per share. If you sell 50 shares at $25, your gain is 50 ร— ($25 - $15) = $500.
Not if you trigger the superficial loss rule. If you or an affiliated person (spouse, controlled corporation) repurchase the same or identical security within 30 calendar days before or after the sale, the loss is denied. The denied loss is added to the ACB of the repurchased shares, so it is not permanently lost โ€” it effectively defers the loss until you sell the replacement shares. To safely claim a tax loss, wait at least 31 days before repurchasing.
Yes. Since 2016, you must report the sale of a principal residence on Schedule 3 and complete Form T2091, even if the gain is fully exempt. Failure to report can result in a late-filing penalty of $100/month (up to $8,000) and the CRA may deny the exemption. Report the sale, designate the years, and claim the PRE โ€” even if no tax is payable.

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