Thanks a lot! You helped a lot!
And the last question: if my father, who is not a resident of Canada, gives me money, with which I will later buy a property or a car in Canada, what tax consequences does this have for me?
Good afternoon! My father, a non-resident of Canada, gave me real estate abroad and money. I am a Canadian tax resident. Do I have to report gifts to the IRS or file a tax return?