Input and Results |  Details

Enter data into the yellow fields and then click the calculate button at the top.

Calculator uses 2012 tax rates, known as of June 28, 2012.
Dividend gross-up % and dividend tax credit rates for 2012 are used for 2012 and later years.

1 Start year
2 Choose province or territory.
3 Your approximate taxable income per year
4 Estimated annual % increase in income in future years
Borrow to purchase investments
5 Amount borrowed
6 Borrow the money over a period of how many years? (1 to 10)
7 Interest rate
8 Amortization period in years, starting after borrowing period (0 to 20)  
  - choose 0 years if you would like to pay only interest for the entire time
% of investments in:
9 Canadian stocks/ETFs eligible for enhanced dividend tax credit
10 Other stocks
Rates of return on investments
11 Estimated total annual return including capital gains and dividends
12 Dividend yield on Canadian stocks/ETFs eligible for enhanced dividend tax credit
13 Dividend yield on other stocks/ETFs
14 Average annual capital gains (unrealized until investments are sold)  
    - on Canadian stocks/ETFs eligible for enhanced dividend tax credit
    - on other stocks/ETFs    
15
 
 
16 Difference per year
17 A
18 Balance of investments B
19 Outstanding loan balance     C
A + B - C
50% of which is taxable at your marginal tax rate. Tax not payable until investments are sold.

These calculators are for educational purposes only. You should not rely on the results as an indication of your financial needs and we recommend that you seek out your own legal, accounting, tax or professional advice. Any information is neither intended to be, or should be construed to be, investment or legal advice or an endorsement of any particular method of investing.