Generally speaking, there is a deal between Canada and Australia on tax, and if you have served the 12 month holding period for a capital gains concession in Australia then that would transfer to Canada.
However my understanding is that as you live in Australia (I assume) for taxation purposes, and the original purchase was here that you would pay any capital gains as part of your regular tax lodgement here and not in Canada.
I recommend you ask your own accountant for confirmation of your circumstances though.
R42
BLR Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
