You declare all specified foreign properties on the T1135. These include funds held in banks, stocks, shares of a non-resident corporation, interest, dividend, inheritance, land, and buildings that are outside Canada. There are two ways of reporting these on your T1135, the simplified method, and the detailed method. The simplified method is used if the cost of all foreign properties is less than $250,000, if the cost is more then you have to use the detailed method. Remember that the T1135 has to be Netfiled separately from your tax return.
For more information on the T1135 Tax Form, see the link below:
T1135 Tax Form: Foreign Income Verification