Can you claim a capital loss (in stock) of minimum 3000$ in Canada as well? ?

can use net capital loss reduce taxable capital gain in of 3 preceding years or in future year. there no maximum.

in 2007, use 1/2 of capital loss offset capital gains. unused portion carried forward indefinitely.

is following true statement canada tax system well?

if end net capital loss, can deduct 3000 of loss in current year, , net capital losses on , above 3000 can carried forward , offset against future investment and/or ordinary income.

thanks!

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