A net capital loss offsets gains only at the capital gains inclusion rate, so its tax value rises with the bracket of the gain it shelters. The figures exclude provincial tax and assume the loss offsets a gain taxed in the same bracket. Gold bought in late August now carries such a loss, but it counts only once the position is sold, and a repurchase inside the 61-day window, including in an RRSP, a TFSA or by a spouse, can deny it.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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