Question

How do i tell if my T5008 is capital gains or investment income?

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Capital gains are the returns earned when an investment is sold for more than its purchase price.

For instance, you sold some shares or a building.

Investment Income is profit from interest payments, dividends, capital gains, and any other profits made through an investment vehicle.

For instance, you own a bond and you get paid a small amount regularly as long as you own it.

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