If on the T5008, it gives me a choice between capi...
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If on the T5008, it gives me a choice between capital gain and investment income. This is all stock transactions. What is the difference?

 
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Investors and rental owners

Investment income is usually something like interest, ex: you own a bond and you get paid a small amount regularly as long as you own it.

Capital Gains/Losses occur when you sell something, ex: you sold some shares or a building. https://turbotax.community.intuit.ca/replies/2647660

On a T5008, box 11 Indicates the Recipient type.

1 = individual

2 = joint account

3 = corporation

4 = other, e.g., association, trust (fiduciary-trustee, nominee, or estate), club, or partnership.

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