Chapter 04 · Sale
Capital Gains Tax Rates by Canadian Province
Provincial tax rates on US real estate capital gains by residence province.
Direct answer · 60-second summary
The 60-second version
- Federal: 50% inclusion all gains
- Province: adds local marginal rate
- Ontario: ~40–45% marginal rate
- QC: ~35–44% by income
- AB: ~30–48% (no sales tax)
- BC: ~39–53% marginal rate
- Total tax = federal + provincial
- Foreign tax credit reduces balance
Acronyms used in this guide
- CRA — Canada Revenue Agency
- Schedule 3 — Schedule 3 (capital gains Canada)
- FIRPTA — Foreign Investment in Real Property Tax Act
- FTC — Foreign Tax Credit
Federal: 50% inclusion base
All Canadian residents: 50% inclusion on capital gains federally, regardless of province. Federal marginal rate tops at ~33% (high bracket).
Provincial rates: significant variation
Ontario, QC, BC, AB, SK, MB, PE, NL, NB, NS: each adds provincial tax. Provincial marginal rate: 25–48% by province and income.
Quick table: 10 provinces
Check CRA for exact 2026 rates, but example: Ontario resident $300K gain = ~39–45% total (federal + provincial). Alberta resident (low marginal rate) = ~30–40%.
Timing: what if relocate before sale
Sell in Florida before moving to Canada = fewer taxes. Sell after settling in Canada = higher taxes. Consult accountant.
Every figure, rate, threshold, and deadline in this guide is drawn from a verifiable primary source listed at the bottom of the page. The article is updated whenever the underlying rules change, with a fresh review date stamped at the top.
Sources and references
Disclaimer
This guide is for educational purpose only.
For concrete decisions, consult a licensed attorney.