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Old 03-26-2014, 04:18 PM   #20
calf
broke the first rule
 
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Join Date: Jan 2004
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Yes - only for private companies though. For a total gain of $750,000 (changing to $800 I believe), or $375k/$400k for the taxable part.

Some T&C's though: http://www.cra-arc.gc.ca/tx/ndvdls/t.../lgbl-eng.html
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