How am I taxed on my non-reg. investments? (MAW105)
I know this might sound as a very newbie question but I'm struggling to find out how much my non-reg. investment will be taxed.
I have ~200k in a non-reg. account (all in the ETF MAW105) since my RRSP and TFSA accounts are full.
Let's say I make 7% gain on this account in 2021, how much will I get taxed on this ~14k$ gain?
My marginal tax rate is 53.3%.
Is it taxed at 50% of my tax rate (capital gain)?
Is it taxed at 100% of my tax rate like any other revenue?
Is it 0% and will only be taxed when I take my money out of it say at my retirement at a lower tax rate?