A COMPLETE GUIDE To Stock Market TAXES In CANADA (2021)

  Рет қаралды 97,650

Beavis Wealth

Beavis Wealth

Күн бұрын

📈📚 FREE Training Video + Join Our Investing Academy ➤ bit.ly/theinvestingacademy
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.
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
For our full legal disclaimer, please visit our website: www.theinvestingacademy.ca/Di...

Пікірлер: 490
@beaviswealth
@beaviswealth 3 жыл бұрын
📈📚 As always, if you're a beginner to the Stock Market in Canada and you're looking for a step-by-step blueprint on how to get started... Find out more about our Investing Academy here - bit.ly/theinvestingacademy This is a heavily requested video on taxes in Canada!! Thanks for watching! :D
@Priyankmistri
@Priyankmistri 3 жыл бұрын
@21:36 I think you mean Defer 'Sell' and not 'Sale'. Bdw, amazing videos. I have learned a lot from you. Keep it up. :)
@srijonisaha9017
@srijonisaha9017 3 жыл бұрын
Could you make videos on Canadian, US REITs, BPY privatization? This will be much appreciated. Great video as always. Thank you.
@ahmadrobloxgaming5540
@ahmadrobloxgaming5540 3 жыл бұрын
Hello i am new to KZfaq can you give me a shout out out please I am new
@touringthecitywalking9209
@touringthecitywalking9209 3 жыл бұрын
Hello, Brandon, A quick question, is Forex Intraday Trading comes under (or considered) capital gains? Please let me know and thank you.
@rajeshjaat1263
@rajeshjaat1263 2 жыл бұрын
Ggoqf1
@RyanThomasWoods
@RyanThomasWoods 3 жыл бұрын
100% appreciate this video and covering the things we aren’t taught in school👏🏻👏🏻👏🏻
@NicksTaxes
@NicksTaxes 3 жыл бұрын
Main takeaway - always better to make more money! Paying more tax means you’ve made more! Good content and congratulations on 100k!
@pantera6
@pantera6 3 жыл бұрын
Nice, been waiting for this one!!! Thanks!
@SweetNAMese
@SweetNAMese 3 жыл бұрын
Great video Brandon! So happy to see a high-quality channel that speaks solely on Canadian investments. Thank you for sharing the knowledge.
@justinkd
@justinkd 3 жыл бұрын
Congratulations on 100K bro!! Big accomplishment & well deserved 💯👊🏼
@marytouch2915
@marytouch2915 3 жыл бұрын
Wow! There a lot to learn from this video! Super well done Brandon 😍👍🏻
@baitach
@baitach 3 жыл бұрын
Great explanation. Thanks Brandon!
@cocot7574
@cocot7574 3 жыл бұрын
This was so helpful and straightforward ! Thank you!
@marquiscloutier9137
@marquiscloutier9137 3 жыл бұрын
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!!
@tizianach754
@tizianach754 2 жыл бұрын
Loved this video! Very well explained and the information is so relevant to all Canadians. Thanks for this!
@Thrifty_05
@Thrifty_05 3 жыл бұрын
THANK YOU FOR THIS VIDEO!!!!!!!! I really need a video like this hahaha
@rb13818
@rb13818 3 жыл бұрын
I actually been looking into this for days now. Thanks for the information 👍
@montylabana8367
@montylabana8367 3 жыл бұрын
Congratulations on 100K subscribers!! Well deserved! 😁 From one Canadian to another 👏
@Papoose35
@Papoose35 3 жыл бұрын
Great video Brandon, it was super informative! 👍
@rcastillo1410
@rcastillo1410 3 жыл бұрын
I never comment on videos but this provided tons of value, thanks Brandon keep it up!
@Udjeox
@Udjeox 3 жыл бұрын
Appreciate for the Canadian content. Tax topic is complicated but you explained very well. I will rewatch so I can remember the details.
@mellopez6894
@mellopez6894 3 жыл бұрын
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!
@dtwong1
@dtwong1 Жыл бұрын
Thank you for taking the time to discuss these important details (especially the US specific) and for the extra reminder at the end!
@mattwong5864
@mattwong5864 3 жыл бұрын
Great video, super straightforward with a ton of useful information!
@Veronica-tk9rl
@Veronica-tk9rl 3 жыл бұрын
Finally a Canadian I can follow and absorb info relatable tax info from! Thank you for posting 🙏☺️🥰
@BenoitProvencher
@BenoitProvencher 3 жыл бұрын
Great! This is information I was looking for!
@snehaa1197
@snehaa1197 3 жыл бұрын
Thank you for this overview!! Very helpful.
@joakimnorrby
@joakimnorrby 3 жыл бұрын
Very informative, really appreciate the calm pacing in your videos. Big thanks, keep it up!
@beaviswealth
@beaviswealth 3 жыл бұрын
Thanks, will do!
@alexandregendron7168
@alexandregendron7168 3 жыл бұрын
So helpful, thank you!
@alVentures02
@alVentures02 3 жыл бұрын
You're the man 👍👍👍 thanks for this Brandon!
@srijonisaha9017
@srijonisaha9017 3 жыл бұрын
Congratulations on 100k sub. Keep up the great work.
@SickCashOutTrendTrader
@SickCashOutTrendTrader Жыл бұрын
This is a amazing video, BBI thank you for thinking of others to help fellow Canadians.
@jerrypfau3664
@jerrypfau3664 3 жыл бұрын
Best explanation I have heard, explained very clear.
@bajanalpha4
@bajanalpha4 3 жыл бұрын
This was great, super informative! Thank you!!
@niteeshsharma9906
@niteeshsharma9906 3 жыл бұрын
Very helpful Brandon....thanks for covering this very important topic.👍
@KostiaVasylenko
@KostiaVasylenko 3 жыл бұрын
Amazing content! Thank you so much!
@theexperienceof...5357
@theexperienceof...5357 3 жыл бұрын
So extremely helpful! Thank you!
@kylesluchinski9528
@kylesluchinski9528 3 жыл бұрын
Awesome video 👍 Super beneficial for anyone who is getting into investing and trying to understand the taxable accounts.
@chedabu
@chedabu 3 жыл бұрын
Your vids are a goldmine !
@mjjeremie7126
@mjjeremie7126 3 жыл бұрын
Great video and very well explained. Thank you!
@sachingulati1985
@sachingulati1985 3 жыл бұрын
Thanks for explaining in such details. The video is really helpful in understanding a lot of new things.
@vincenzotran
@vincenzotran 3 жыл бұрын
JV's 3's was the first thing I thought of 😂
@graydoncampbell6246
@graydoncampbell6246 3 жыл бұрын
same lol
@sharanchinniah8925
@sharanchinniah8925 3 жыл бұрын
same, its the Canadian in us
@prayunceasingly2029
@prayunceasingly2029 3 жыл бұрын
First time I have heard of him.
@Annet_Mbarbz
@Annet_Mbarbz 3 жыл бұрын
Appreciate all your videos. very informative!
@shguderjan7181
@shguderjan7181 3 жыл бұрын
Darn Brandon. this was a lot of good stuff to think about!
@jesuisbenoit
@jesuisbenoit 3 жыл бұрын
That's very helpful. Thank you so much for sharing. : )
@toineb777
@toineb777 3 жыл бұрын
Thanks man! Great info as always
@investedinvestor2238
@investedinvestor2238 3 жыл бұрын
Very informative video. Thanks, Brandon!
@JesreenDeol
@JesreenDeol 3 жыл бұрын
As a new investor, this is great info! Love the video. Thanks :)
@eltraveluis
@eltraveluis 2 жыл бұрын
I don't know how to thank you enough. You are awesome...
@brucecampbell208
@brucecampbell208 2 жыл бұрын
Great video - Thanks very much it made things very clear especially with the US dividends into your TFSA!
@eon7621
@eon7621 3 жыл бұрын
Thank you for sharing your knowledge. Much Appreciated
@eltraveluis
@eltraveluis 2 жыл бұрын
Most Informative video I have seen related to the theme. Awesome thanks
@RyanHarrisonYT
@RyanHarrisonYT 3 жыл бұрын
Congrats on 100k subs man! Super cool to see, you gotta email KZfaq now and get that verified checkmark lol Keep hustling!!
@Robert-nd4hb
@Robert-nd4hb 3 жыл бұрын
Took some valuable notes! Thanks Brandon :)
@hugoleblanc4084
@hugoleblanc4084 3 жыл бұрын
Amazing video! Thank you
@VanMast3r
@VanMast3r 3 жыл бұрын
As a beginner it really helps me so much as I'm piloting my money thru self-directed investing.. Thank you bro!
@glebbondarenko67
@glebbondarenko67 6 ай бұрын
Thank you for the video. That's exactly what I was looking for :)
@samludmer9370
@samludmer9370 3 жыл бұрын
Thanks, knowing about the superficial loss (30 day rule) really helps.
@LR.1995
@LR.1995 3 жыл бұрын
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.
@ashleyfaminial964
@ashleyfaminial964 3 жыл бұрын
Thanks for the advice! I was about to sell my stocks back in December (29th) and withheld instead. Thank goodness !
@kenacycle
@kenacycle 3 жыл бұрын
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!
@hungv6745
@hungv6745 3 жыл бұрын
Thanks Bro , Appreciate for the Video. Best wishes
@kianshoughi5702
@kianshoughi5702 4 ай бұрын
Thanks! Great Value!
@WathekLOUED
@WathekLOUED 3 жыл бұрын
Excellent video !!!
@LuizGNA
@LuizGNA 3 жыл бұрын
Thanks, Brandon, for such a great guide!
@beaviswealth
@beaviswealth 3 жыл бұрын
Glad it helped Luiz.
@iftakharalamkhan6382
@iftakharalamkhan6382 3 жыл бұрын
Just the video i needed
@yannicktherien502
@yannicktherien502 3 жыл бұрын
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 KZfaq). I will make sure my teenage boys watch your videos in the next couple of years as they start their own investing journey.
@beaviswealth
@beaviswealth 3 жыл бұрын
Thanks Yannick. Appreciate the comments! Best of luck with the boys!
@manisha7188
@manisha7188 3 жыл бұрын
Very useful information, thank you!
@bobgardiner7604
@bobgardiner7604 3 жыл бұрын
Well done Bud!
@lovebyteify
@lovebyteify 3 жыл бұрын
Amazing stuff!
@lostnfound9532
@lostnfound9532 3 жыл бұрын
Thanks brother 🙏 really appreciate it. Great video .
@juliantambwe8551
@juliantambwe8551 3 жыл бұрын
Great material, very informative. Thanks for sharing
@thiccchungus588
@thiccchungus588 3 жыл бұрын
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.
@Albaniaman100
@Albaniaman100 3 жыл бұрын
LETS GO 100k I’m proud of you Brandon
@karkar2006
@karkar2006 3 жыл бұрын
Great information! Thank you
@mrsickotrading
@mrsickotrading 3 жыл бұрын
Brandon man you are the one
@Nasus05_
@Nasus05_ 4 ай бұрын
I really appreciate your videos. As an immigrant now citizen of Canada, we don’t learn these things and KZfaq 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 🙏🏾
@kmsnow6292
@kmsnow6292 3 жыл бұрын
Great info and tips. Thanks.
@Carsickness86
@Carsickness86 3 жыл бұрын
Congrats on 100,000!
@phyllis2866
@phyllis2866 2 жыл бұрын
best video on taxable accounts!
@cnorth3036
@cnorth3036 3 жыл бұрын
Thx! high quality video
@korzunyura
@korzunyura 2 ай бұрын
Thank you for this tips. I wish prosperity to your channel
@MiserableDuck95
@MiserableDuck95 3 жыл бұрын
Congrats on 100k subs!
@four-pixels
@four-pixels 3 жыл бұрын
Very Informative, as always amazing high quality videos... Thank you !
@beaviswealth
@beaviswealth 3 жыл бұрын
Thanks, Rene.
@cloysterX418
@cloysterX418 3 жыл бұрын
Thank you Brandon for sharing your knowledge and wisdom with us. Much appreciate it
@beaviswealth
@beaviswealth 3 жыл бұрын
My pleasure!
@cloysterX418
@cloysterX418 3 жыл бұрын
@@beaviswealth Can you make a similar video/walkthrough but for users who trade cryptocurrency?
@LiLi-yp4eq
@LiLi-yp4eq 2 жыл бұрын
Wonderful video👍 Thanks for your sharing!
@missyleger
@missyleger 3 жыл бұрын
Thank you so much! This is a great video! I learned a lot
@beaviswealth
@beaviswealth 3 жыл бұрын
You are so welcome, Missy!!
@halahshahin
@halahshahin 3 жыл бұрын
Thank you for this video!! So clearly explained!
@beaviswealth
@beaviswealth 3 жыл бұрын
Glad it was helpful and thanks for taking the time to comment and provide feedback.
@ElenaWalks
@ElenaWalks 3 жыл бұрын
Very informative, thank you 🌞🙏
@TantrapsychicGagandeepKhosa
@TantrapsychicGagandeepKhosa 2 жыл бұрын
Thank you so much!
@screaminpotato
@screaminpotato 3 жыл бұрын
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.
@lucky247365
@lucky247365 3 жыл бұрын
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.
@vitoscaletta7917
@vitoscaletta7917 3 жыл бұрын
Thanks for the great advice Brandon! Im a new subscriber! and i was wondering if you can talk about buying stocks/ETF or Bonds in the European or asian markets. Like can you buy some of their stocks in their index's and how do you do it? Ive always wondered about other markets outside of North America! Thanks Happy New Year! :)
@raymanlegy
@raymanlegy 3 ай бұрын
Damn so much to learn!
@Ms.MonterayLearning
@Ms.MonterayLearning 3 жыл бұрын
Brandon 🙌🏻🙌🏻🙌🏻🙌🏻. This was such a valuable video 🙏🏻🙏🏻🙏🏻
@ivantech413
@ivantech413 3 жыл бұрын
Yes reach out
@aminanyla5714
@aminanyla5714 3 жыл бұрын
Whtsapp
@ultratrucho07
@ultratrucho07 3 жыл бұрын
Congratulations Brandon for 100k
@KP-uj1wf
@KP-uj1wf 3 жыл бұрын
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!
@darato2015
@darato2015 3 жыл бұрын
Really?
@pranavpatel5237
@pranavpatel5237 3 жыл бұрын
Congratulations 🥳 for 💯k 🎊🎊🎊🎉
@Chap17
@Chap17 Жыл бұрын
Great info...
@itissrinivasan
@itissrinivasan 3 жыл бұрын
You genius, you just know what we want.. ! keep it coming.. :-)
@MegsCarpentry-lovedogs
@MegsCarpentry-lovedogs 2 жыл бұрын
Yes, this was a very important topic! AS a DIY...practical!
@ALLINONE10561
@ALLINONE10561 Жыл бұрын
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.
@M_RYU
@M_RYU 3 жыл бұрын
Congrats! Hit 100k
@kid20777
@kid20777 3 жыл бұрын
Im glad you mentioned quebec
@marcdesjardins6022
@marcdesjardins6022 3 жыл бұрын
Thank you
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