In Canada, capital gains are considered part of your income and are taxed accordingly. This can come as a surprise to some people, who assume that capital gains are somehow different from other forms of income. However, the reality is that capital gains are simply profits from the sale of investments or property. And like any other type of income, they’re subject to tax. So if you’re thinking about selling some investments this year, be sure to factor in the capital gains tax. Otherwise, you could end up paying more than you bargained for.