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    Capital gains on selling foreign property.

    Since you inherited the property, the ACB is usually set to the fair market value at the date of death of the person you inherited it from, not what your grandparents originally paid. Your capital gain would be the difference between the sale price and that value. Because this involves...
  2. Z

    Getting a Canadian Driver’s License as a New Immigrant

    Hi everyone, I’m posting on behalf of a friend who recently moved to Canada and wants to get a driver’s license. They’re unsure how their foreign license will be recognized and what steps they need to follow. Do they have to take the knowledge test and road test immediately or is there a way...