Canadian tax reporting, simplified.

Frequently asked questions

What is Adjusted Cost Base (ACB)?

ACB is the average cost per share you paid for a security, adjusted for commissions, return of capital distributions, and corporate actions like stock splits. You subtract it from your proceeds to calculate capital gains.

Why does ACB matter for Canadian taxes?

The CRA requires you to report capital gains and losses on Schedule 3 of your T1 return. An incorrect ACB produces an incorrect capital gain — meaning you could over- or under-pay tax. Accurate tracking is your legal obligation as a Canadian investor.

What is the superficial loss rule?

If you sell a security at a loss and repurchase the same (or identical) security within 30 days before or after the sale — in any account you or an affiliated person controls — the CRA disallows the capital loss. Gainly flags these transactions so you're never caught off guard.

What transaction types does Gainly support?

Buy, sell, return of capital, stock splits, and stock dividends — the full set of events that affect your ACB under CRA rules.

What brokerages are supported for PDF import?

PDF import is in early access. Reach out if your brokerage isn't supported yet.

Does Gainly handle multiple currencies?

All values are stored and displayed in CAD. For USD securities, enter the CAD-equivalent at time of trade (your brokerage statement will show this).

Can I have multiple portfolios?

Yes. You can create separate portfolios for each account — TFSA, RRSP, non-registered — and switch between them at any time.

Is my data secure?

All data is stored encrypted at rest and in transit. Authentication is handled by Supabase with row-level security — only you can access your portfolios and transactions.

Is Gainly free to use?

Gainly is currently free while in early access.