Call Us
1(800) 385-1254
Address
11675 McVean Dr, Unit # 6, Brampton, ON, L6P 4N5
1(800) 385-1254
11675 McVean Dr, Unit # 6, Brampton, ON, L6P 4N5
Whether you’re selling an investment property, business, cottage, stocks, or other appreciating assets, capital gains taxes can significantly impact your financial outcome. We help individuals, families, investors, and business owners develop tax-efficient strategies to minimize capital gains tax liabilities and preserve more of their wealth.
Our experienced advisors work closely with tax professionals, accountants, and legal experts to help you navigate complex tax rules while maximizing available exemptions, deductions, and planning opportunities.
When you sell a capital asset such as real estate, publicly traded shares, mutual fund units, bonds, cryptocurrency, or personal-use property — for more than you originally paid, the profit is called a capital gain. For the tax year, the capital gains inclusion rate remains at 50% for individuals. This means only half of your net capital gain is added to your taxable income and taxed at your marginal rate. So if you realise a $40,000 gain on the sale of an investment property, only $20,000 is added to your income for that year.
Capital assets covered under the rules include:
Effective capital gains planning is not simply about reducing taxes today. It is about protecting the wealth you’ve built and ensuring that financial decisions support your long-term goals.
Our advisors take a comprehensive approach by evaluating how capital gains may affect your retirement strategy, estate plan, investment portfolio, and overall financial future. We help identify potential risks, opportunities, and planning strategies that can improve tax efficiency while supporting wealth preservation.
Every recommendation is tailored to your specific circumstances because no two financial situations are exactly alike.
We calculate your adjusted cost base (ACB), factor in all allowable outlays and expenses, and determine your net capital gain or loss across every asset class — shares, property, crypto, foreign holdings, and more. No guesswork, no missed deductions.
We prepare and file Schedule 3 — Capital Gains or Losses — as part of your T1 General return, ensuring all dispositions are correctly reported and matched with the appropriate tax slips (T3, T4PS, T5, T5008, T5013). We handle complex situations including employee security options, stock splits, flipped properties, and flow-through entities.
If you have capital losses, we help you apply them strategically — against gains in the current year, carry them back up to three prior years, or carry them forward indefinitely to offset future gains. Superficial loss rules and allowable business investment losses (ABILs) are handled with care to ensure full compliance.
Selling your home? We guide you through the principal residence designation, the new flipped property rules (applicable to properties sold within 365 days of purchase), and changes-in-use reporting. Our team ensures you claim every dollar of exemption you’re entitled to.
For business owners, farmers, and fishing property holders, we assess your eligibility for the $1.25 million LCGE and structure transactions to maximise the deduction — before you sign anything.
If you are a non-resident, a newcomer to Brampton, or an emigrant, special capital gains rules apply. We specialise in cross-border tax compliance, departure returns, and deemed-disposition calculations under the Income Tax Act.
Filing capital gains incorrectly is one of the most common and costly tax mistakes Canadians make. Our advisors stay current with every CRA update, budget change, and court decision that affects how gains are calculated and reported.
We don’t just file your return. We review your full financial picture, identify every legal tax-saving opportunity, and give you a clear plan before the April 30 deadline arrives.
Book a consultation today and let our experts handle your capital gains with the precision and strategy your investments deserve.
Estate planning involves more than legal documents. It requires thoughtful financial planning and a clear understanding of your family’s goals.
Our team works closely with individuals, families, retirees, and business owners to help them make informed decisions about protecting their wealth and preparing for the future. We collaborate with legal and tax professionals when necessary to help ensure your estate plan supports your overall financial objectives.
By taking a proactive approach today, you can help create greater security and confidence for tomorrow.
At Top Choice Insurance & Financial Services, we understand that estate planning involves both financial and personal decisions. Our role is to help simplify the process while providing guidance that supports your long-term objectives.
We take a comprehensive approach that considers your investments, insurance coverage, retirement plans, tax considerations, and family priorities. By working collaboratively with accountants, lawyers, and other professionals, we help create coordinated strategies that support your overall financial well-being.
Our goal is to help you protect what matters most while building confidence in your family’s future.
Creating a will is one of the most important steps you can take to protect your loved ones and preserve your legacy. Whether you’re creating your first will or reviewing an existing estate plan, professional guidance can help you make informed decisions with confidence.
Contact Top Choice Insurance today to learn how estate planning strategies can help protect what matters most.
Contact us today for a free insurance quote.
Harpreet Saini: +1 (416) 817-6500
Ravinderjit Basra: +1 (416) 845-6232