On my NOA there is a note about capital losses for 2020 that can be claimed against gains this year. On my spouse's NOA there is no such note. Our investments are joint (except RRSPs). Can either of us, or both claim these eligible losses?
Yes, only the person who has capital losses mentioned on their notice of assessment can claim those losses in the current year to reduce the capital gain of this year. It does not matter that you and your spouse have a joint investment account. Each notice of assessment is reflective of the different income and other tax circumstances. Therefore, yes only you can claim your losses this year against your capital gain.
For more information on capital losses of prior years visit this page of the Canada Revenue Agency: - Net capital losses of other years
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