You own a home. Here is where tax can work for you.
Your mortgage interest is not deductible, and the profit when you sell your home is usually tax-free. These guides cover both, in the order most homeowners need them.
Your reading list
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1Start here 2 min read
The Smith Manoeuver in 2 Minutes
How some homeowners turn mortgage debt into tax-deductible investment debt, in two minutes.
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2Step 2 2 min read
Selling Your Home: Tax in 2 Minutes
Why the profit on your home is usually tax-free, and what you still have to report.
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3Step 3 6 min read
Smith Manoeuver Break-Even: What Return Do You Need?
Check what return your investments would need before you borrow anything.
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4Step 4 7 min read
Bank of Canada Rate Hike: What It Does to Your HELOC Break-Even
What the October 2026 Bank of Canada hike does to the return you need if you borrow against your home to invest.
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5Step 5 Calculator
Smith Manoeuver Calculator
Try it with your own mortgage, HELOC rate and tax bracket.
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6Step 6 7 min read
How to Trace HELOC Interest for the CRA
The records the CRA expects if you deduct HELOC interest.
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7Step 7 12 min read
The Ultimate Guide to the Smith Manoeuver in Canada
The full guide, with the CRA rules and the court precedent behind the strategy.
What these guides do not cover
- Mortgage renewals and choosing between prepaying and investing
- Land transfer tax and closing costs
- First-time buyer programs such as the FHSA and the Home Buyers' Plan
This is education, not tax, legal or investment advice. Talk to a licensed Canadian chartered professional accountant or certified financial planner before you act.
Other guides by audience
A high income changes the tax maths. Start with your marginal rate.
Rent is income and the sale is a gain. Here is how each is taxed.
Your company and you are taxed separately. Start with how money comes out.
Nobody withholds your tax. Here is what to plan for.
A second property doubles the tax planning. Start with the one-per-family rule.