I am transferring my savings from own account in my home country to Canada. Please can anybody advise about if I have to mention this transfer in tax filing?
I am transferring my savings from own account in my home country to Canada. Please can anybody advise about if I have to mention this transfer in tax filing?
No. These funds are not taxed and there is no need to mention them when you file your taxes. you only need to disclose income earned after you became a resident.
