Tag Β· Canada
investing
Loopholes Tagged "investing"
Plain-English guides to Canadian legal rights and workarounds related to investing.
Medium If You Pay Taxes
Capital Loss Carryback β Use This Year's Investment Losses to Recover Tax From the Last 3 Years
If you realized a net capital loss this year, CRA lets you carry it back up to three tax years to offset prior taxable capital gains.
Medium If You Pay Taxes
The Smith Manoeuvre
Convert your non-deductible Canadian mortgage into tax-deductible investment debt by borrowing against home equity to invest, generating annual tax refunds that further pay down your mortgage.