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Tagged with canada-revenue-agency foreign-exchange
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Calculating Foreign Exchange Capital Loss on Margin Loan Repayment
Let's assume I convert 10,000 CAD to 5,000 USD and hold it for one year. During that year, I also make some trades using money borrowed from the brokerage firm (i.e. trading on margin). Afterward, I ...
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answers
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Is forex spread betting legal and/or taxed in Canada?
I have some questions regarding forex spread betting in Canada.
1) Is spread betting legal in Canada?
I have found a few unofficial sources that say spread betting is legal in Canada, however I was ...