Open ProvincesCanada’s Proposed $250,000 Capital-Gains Threshold: What Was Cancelled?
The proposed $250,000 capital-gains inclusion-rate increase was cancelled in 2025; check CRA rules for the relevant tax year.
Start with the facts that change the answer
The proposal announced in 2024 was delayed and then cancelled by the federal government on March 21, 2025. The Canada Revenue Agency’s published 2025 capital-gains guide lists a one-half inclusion rate for gains from 2001 through 2025. Capital gains still have tax consequences, and special rules can apply to losses, trusts, corporations, employee options, small-business shares and other transactions.
Document your next step
Before selling or reporting a gain, check the CRA guidance and the rules enacted for the relevant taxation year. Keep purchase records, adjusted cost-base calculations, sale documents and any reserve or exemption records. A cancelled proposal does not erase other tax obligations, and a year-end sale can affect income-tested benefits or other planning. Get professional advice for a large or unusual transaction.
Canada Revenue Agency: Capital Gains – 2025
Sources and limits
Source: Canada Revenue Agency: Capital Gains – 2025. Tax treatment depends on the transaction and taxation year; this is general information, not a calculation or tax recommendation.
General information based on federal and national rules; provincial rules may differ. Confirm with the official body before acting.