Yes. This is called a capital gain reserve. You report the capital gain based on proceeds received during the year. Amounts not paid until a subsequent year will be accounted for or reported in the future year when they become payable. or paid. For more info, pleases see http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/lns101-170/127/gns/cptlgn/rsr...
