Annual Income Estimates for Census Families and Individuals (T1 Family File)

Capital gains of census family, value

Capital gain refers to a profit or loss from the sale of investments or property. The capital gains reported on Line 127 of the personal income tax return represent only the taxable portion of capital gains, as defined by the income tax act. The figures reported in this table have been grossed up to reflect the actual amount of capital gains received by Canadians.

Census family is defined as a married couple and the children, if any, of either and/or both spouses; a couple living common law and the children, if any, of either and/or both partners; or a parent of any marital status in a one-parent family with at least one child living in the same dwelling and that child or those children. All members of a particular census family live in the same dwelling. Children may be biological or adopted children regardless of their age or marital status as long as they live in the dwelling and do not have their own married spouse, common-law partner or child living in the dwelling. Grandchildren living with their grandparent(s) but with no parents present also constitute a census family.

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices