Don't forget the T1135 form if you have specified foreign property with a total cost amount of more than $100,000 CDN in a non registered account.Canadians do pay capital gains taxes on US stocks.
[ Of course a few conditions apply, such as
- you have to sell the stock for more than you paid for it (otherwise you have a capital loss)
- you have to have " net taxable capital gains" for the year
- you don't have "net taxable capital losses carried forward" such that you can apply them against this year's capital gains.]
It's just that they pay them to the CRA in Canada, not the IRS in the USA
Trump does say some very stupid things though, but that's just my observation. Others might think it's a fact.






