A COMPLETE GUIDE To Stock Market TAXES In CANADA (2021)
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- Опубликовано: 9 июл 2024
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Today we'll cover how taxes work in the stock market in Canada!
#stockmarket #canada #brandonbeavisinvesting
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About Brandon Beavis:
Brandon Beavis was one of the youngest advisors to become fully licensed here in Canada.
In 2013, Brandon officially began his industry studies. Over the years he has completed his CSC (Canadian Securities Course), CPH (Conduct & Practices Handbook), WME (Wealth Management Essentials), 90-day Investment Advisor Training Program, attended the Manulife Professional Development Workshop in Oakville, ON, and attended countless industry seminars, conferences & events to help further his learning.
At age 20, he became a fully licensed Investment Advisor, working for one of Canada’s largest Investment Brokers, Manulife Securities. For 4 years, he worked alongside a highly experienced team at Beavis Wealth Management, specializing in High-Net-Worth Investing. He’s had the opportunity to work under his Father, an advisor of over 25 years, and has dealt hands-on with client portfolios, involving; analyzing, building, and managing multi-million-dollar client accounts.
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About Marc Beavis:
Marc is a retired Portfolio Manager, having spent over 25 years in the investment industry, managing multi-million-dollar portfolios and working with clients of all ages. He retired in 2021 and is a regular contributor to this channel.
Following his initial licensing back in 1996, he completed a number of industry courses, including the Derivatives Fundamentals and Options Licensing Course, Portfolio Management Techniques, Wealth Management Essentials, Investment Management Techniques, Fixed Income Investing, Hedge Fund Essentials, Portfolio Theory, and of course, the Canadian Securities Course.
Marc previously served as a Director of the Canadian Association of Financial Planners (Now FP Canada) including the roles of Vice President and Director of Ethics.
When working in the industry, he held the Chartered Investment Manager (CIM) Designation as offered by the Canadian Securities Institute. In addition, Marc was a Certified Financial Planner (CFP) practitioner, the industry gold standard in financial planning.
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This is a heavily requested video on taxes in Canada!! Thanks for watching! :D
@21:36 I think you mean Defer 'Sell' and not 'Sale'. Bdw, amazing videos. I have learned a lot from you. Keep it up. :)
Could you make videos on Canadian, US REITs, BPY privatization? This will be much appreciated. Great video as always. Thank you.
Hello i am new to RUclips can you give me a shout out out please I am new
Hello, Brandon, A quick question, is Forex Intraday Trading comes under (or considered) capital gains? Please let me know and thank you.
Ggoqf1
100% appreciate this video and covering the things we aren’t taught in school👏🏻👏🏻👏🏻
Main takeaway - always better to make more money! Paying more tax means you’ve made more!
Good content and congratulations on 100k!
Finally a Canadian I can follow and absorb info relatable tax info from! Thank you for posting 🙏☺️🥰
Nice, been waiting for this one!!! Thanks!
Thanks for including infos about Quebec! Much appreciated! Your videos are always totally relevant and the way you are giving out the info is always easy to understand! Thanks Men! Keep doing what you do!!
Great video Brandon! So happy to see a high-quality channel that speaks solely on Canadian investments. Thank you for sharing the knowledge.
I never comment on videos but this provided tons of value, thanks Brandon keep it up!
THANK YOU FOR THIS VIDEO!!!!!!!! I really need a video like this hahaha
Congratulations on 100K subscribers!! Well deserved! 😁
From one Canadian to another 👏
Loved this video! Very well explained and the information is so relevant to all Canadians. Thanks for this!
Great explanation. Thanks Brandon!
Appreciate for the Canadian content. Tax topic is complicated but you explained very well. I will rewatch so I can remember the details.
Congratulations on 100K bro!! Big accomplishment & well deserved 💯👊🏼
Thanks Brandon for this video. Very informative and focused on Canadian stocks and taxes. Lots of nuggets I picked up. Thank you for explaining capital gains and the tax slips. I receive T3s, T5s, and T5008s every year and didn't know what these were. Now I know. Great video! I'm a subsciber to your channel and rarely provide comments to my subscriptions but I was compelled to give you a comment to encourage you to keep on going!
Thank you for taking the time to discuss these important details (especially the US specific) and for the extra reminder at the end!
Wow! There a lot to learn from this video! Super well done Brandon 😍👍🏻
That's very helpful. Thank you so much for sharing. : )
I actually been looking into this for days now. Thanks for the information 👍
This was so helpful and straightforward ! Thank you!
Great video Brandon, it was super informative! 👍
Great video, super straightforward with a ton of useful information!
Great! This is information I was looking for!
Thank you for this overview!! Very helpful.
This is a amazing video, BBI thank you for thinking of others to help fellow Canadians.
Very informative, really appreciate the calm pacing in your videos. Big thanks, keep it up!
Thanks, will do!
Very helpful Brandon....thanks for covering this very important topic.👍
This was great, super informative! Thank you!!
Thanks for explaining in such details. The video is really helpful in understanding a lot of new things.
You're the man 👍👍👍 thanks for this Brandon!
Awesome video 👍 Super beneficial for anyone who is getting into investing and trying to understand the taxable accounts.
So helpful, thank you!
Great video and very well explained. Thank you!
So extremely helpful! Thank you!
Best explanation I have heard, explained very clear.
Appreciate all your videos. very informative!
Amazing content! Thank you so much!
As a beginner it really helps me so much as I'm piloting my money thru self-directed investing.. Thank you bro!
I don't know how to thank you enough. You are awesome...
I really appreciate your videos. As an immigrant now citizen of Canada, we don’t learn these things and RUclips is flooded with so much US content. Thank you for all of this Canadian specific content; I am ensuring my kid learns things from now 🙏🏾
Very informative video. Thanks, Brandon!
Thank you for sharing your knowledge. Much Appreciated
Darn Brandon. this was a lot of good stuff to think about!
Most Informative video I have seen related to the theme. Awesome thanks
Your vids are a goldmine !
Thank you for the video. That's exactly what I was looking for :)
I wish you guys were around 5 years ago when I was 22 and entering the stock market. You cover so many of the early mistakes I've made.
Congratulations on 100k sub. Keep up the great work.
Thanks for the advice!
I was about to sell my stocks back in December (29th) and withheld instead. Thank goodness !
Thanks man! Great info as always
Thanks, knowing about the superficial loss (30 day rule) really helps.
There's actually a lot of misunderstanding about this rule. Your losses aren't just completely void. If you incurred losses on the initial buy + sell, and you rebuy within the 30 day time frame those losses are just rolled over to whenever you sell your second buy. You simply can't claim those losses until the shares are sold again.
-Guess I should add the only time you really need to worry is when you try to sell something.. Lets say on December 20th, 2020 and then rebuy in January 2021 within the 30 day time frame. Your losses from December 20th wouldn't be applicable for your 2021 tax return, but will be rolled over to whenever you decide to sell that second buy.
Great video - Thanks very much it made things very clear especially with the US dividends into your TFSA!
Thank you Brandon for sharing your knowledge and wisdom with us. Much appreciate it
My pleasure!
@@beaviswealth Can you make a similar video/walkthrough but for users who trade cryptocurrency?
As a new investor, this is great info! Love the video. Thanks :)
Congrats on 100k subs man! Super cool to see, you gotta email RUclips now and get that verified checkmark lol
Keep hustling!!
Took some valuable notes! Thanks Brandon :)
Thanks, Brandon, for such a great guide!
Glad it helped Luiz.
Thank You Brandon for this easy -to-follow synopsis of Canadian taxes regarding investments. It is very well laid out and clearly explained in an easy to understand and grammatically correct language (which seems rare these days on RUclips). I will make sure my teenage boys watch your videos in the next couple of years as they start their own investing journey.
Thanks Yannick. Appreciate the comments! Best of luck with the boys!
One quick additional insight for anyone that holds an actively managed fund such a mutual fund, because they are often readjusting positions often, capital gains can be passed down to the unit holder even though you didn't sell any of your units. Just something to be aware of. They may also distribute something called return of capital which is not taxable but can impact your tax basis which could increase capital gains when you decide to sell your units.
LETS GO 100k I’m proud of you Brandon
JV's 3's was the first thing I thought of 😂
same lol
same, its the Canadian in us
First time I have heard of him.
Brandon man you are the one
Thank you for this tips. I wish prosperity to your channel
Thanks Bro , Appreciate for the Video.
Best wishes
Great material, very informative. Thanks for sharing
Amazing video! Thank you
Thanks brother 🙏 really appreciate it. Great video .
This video was thorough and really well done and it is all very good information to know. I just hope people don’t overthink taxes when making investments decisions. For anyone reading this... don’t let taxes dictate your investment decisions.
Very useful information, thank you!
Very informative, thank you 🌞🙏
Thank you so much! This is a great video! I learned a lot
You are so welcome, Missy!!
I'm a new investor and have been wondering about how the investments will be taxed. This video is very informative and helpful, thank you. I also live in Richmond!
Thanks! Great Value!
Great information! Thank you
Very Informative, as always amazing high quality videos... Thank you !
Thanks, Rene.
Wonderful video👍 Thanks for your sharing!
Thank you for this video!! So clearly explained!
Glad it was helpful and thanks for taking the time to comment and provide feedback.
Great info and tips. Thanks.
Just the video i needed
Excellent video !!!
Yes, this was a very important topic! AS a DIY...practical!
Thx! high quality video
Thank you so much!
Amazing stuff!
best video on taxable accounts!
Well done Bud!
Awesome video Brandon.
I also understand you can’t use a loss if you’ve bought, then sold the shares (at a loss) within 30 days.
This becomes a ‘superficial loss’. I learnt the hard way on this one when I sold out of a position when it was dropping within 2 weeks of buying it.
Thanks again for the video!
Really?
Brandon 🙌🏻🙌🏻🙌🏻🙌🏻. This was such a valuable video 🙏🏻🙏🏻🙏🏻
Yes reach out
Whtsapp
You genius, you just know what we want.. ! keep it coming.. :-)
Damn so much to learn!
Congrats on 100k subs!
Congrats on 100,000!
Can't believe I just found your channel! Thanks 💯👌🏽
Welcome Cybile! Glad to have you onboard.
You are simply awesome buddy, keep up the good work
Thank for the encouragement
Congrats on hitting 100k subs. Love the JV reference....🤣
HUNDO K!
Thanks for the solid content, man
Great info...
Im glad you mentioned quebec
Hello Brandon,
Thank you so much for making this video, if possible can you please make more video about taxes such as how to file tax regarding these three types of investments.
Congratulations Brandon for 100k