Quote:
Originally Posted by DownhillGoat
Has that changed in the last decade? I thought it was taxed at 30%
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no it has not changed
gains on investments (non-registered) are taxed as capital gains, 50% of which are taxed (and the other 50% create a capital dividend account, which really just means, aren't taxed.
10 years ago in AB, with the highest marginal rate at 39%, cap gains would have been taxed at no more than 19.5% (really, 39% for half of them)
Now that same max is 24% (48% X half)