I like U honestly comment , I have been 28Year in Calgary, I lived in Toronto 85-88 and 82-85 In Vancouver, due to the working problem and living Cost for a youth period at that time ,Calgary is the best medium city 1mPopulation city, only federal tax 5% for bring up a regular family living, always good for By lingual Chinese/English speak for the Kids , House price is reasonable and sffortable for all Immigration, I come from HK, for 40 Years now I am retired,that is the honest fact for the new comersfrom Asian
Hello 老白 uncle. When the CRA says there's an allowance of 1 overlapping year for primary residence exemption in Canada, do they mean from the date the overlap plus 365 days? I'm curious to know if I were to close on a new property in say April 1st 2022, when will be the last day I should sell the existing primary residence in order to avoid capital gains taxes on the sale?