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system
do i still need to pay capital gains taxes when i profit from a stock in a foreign currency?
user
i'll break it down into steps. total gain/ loss for the whole thing is 5 cad. you only have to worry about these calculations if you keep some usd and convert it at your leisure.  or if you have a us dollar in your wallet from your last vacation. don't forget to subtract commissions (converted to cad of course). *some people just use an average exchange rate for the whole year, which you can also get from the boc. ^there's $200 of tax free gains allowed for pure currency transactions.  this allows small gains to be ignored.
assistant