Originally Posted by EliteWebmaster

They still tax you regardless. If you own properties outside of Canada that you rent out, you are obligated to declare it on your income tax and they taxed me on it as "revenue". Even the money in a Canadian bank account that earns interest/dividends has to be declared and taxed. Furthermore if that wasn't even disgustingly screwed up as it is, my Grandfather recently passed in another country and they taxed me on my inheritance as you are only allowed 1 "inheritance" that is free from taxes. Because I got the 2nd inheritance, these ass clowns taxed me on the inheritance I received even though my grandfather lived on the other side of the continent in a different country and never set foot in Canada. Ask yourself how messed up is that