Dispose of property same as moving?

[karaujo]

We moved in 2016 (i.e. one principle residence to another)... is this the same as "disposing" of a property?  I tend to think not as any capital gains that were earned on the sale of the principle property were invested into the new property (i.e. equity)

[TurboTaxTerry · Accepted solution]

As of October 2016 the Canada Revenue Agency requires all property sales be reported on the income tax return whether the sale results in a Capital Gain or not. Use the Principal Residence Designation area to determine if a gain has occurred. (additional information at the Link below).

[TurboTaxTerry]

http://www.cra-arc.gc.ca/gncy/bdgt/2016/qa11-eng.html