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Loutit
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I sold rental property in 2015 at a loss. Capital Gain Summary page has calculated Negative Capital Gain but no change in tax payable or refund. Why is that?

 
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I sold rental property in 2015 at a loss. Capital Gain Summary page has calculated Negative Capital Gain but no change in tax payable or refund. Why is that?

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I sold rental property in 2015 at a loss. Capital Gain Summary page has calculated Negative Capital Gain but no change in tax payable or refund. Why is that?

Capital losses are carried forward to be applied against capital gains.

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/lns101-170/127/lss-ddct/gnrl/...