Canada new 52-week highs are the Canadian-listed stocks and ETFs whose price has just traded above everything seen in about the past year. The list is a mechanical filter on past prices and says nothing about what comes next. What makes Canadian highs different for cross-border readers is currency and residency: a high in Canadian dollars is not always a high in U.S. dollars, and a stock at a high is a bigger tax event if you are about to leave Canada.
What are Canada new 52-week highs?
Each row is a security that has just priced above its trailing 52-week range. It may trade on Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV) or another Canadian venue. TMX's own sector profiles name energy, mining, technology, real estate, clean technology and life sciences issuers, plus exchange-traded funds, so lists can cluster in a sector when one development lifts many names at once. How to read the columns is covered on the Canada most active page.
Market list widget by TradingView. U.S. data is usually end-of-day; Canadian and Indian data may be delayed. Lists include stocks and ETFs and are mechanical filters, not recommendations.
Why a high in Canadian dollars may not be a high in U.S. dollars
A security that also trades in the United States can post a high on one side and not the other. Here is a hypothetical example using a made-up company, Example Resources Inc.
| Date | TSX price (C$) | Exchange rate (US$ per C$) | Price in US$ |
|---|---|---|---|
| Earlier peak | 19.50 | 0.75 | 14.63 |
| Today | 20.00 | 0.72 | 14.40 |
The Canadian screen shows a new high, while a U.S. investor's dollar value is lower than at the earlier peak. A Canadian resident reports the gain in Canadian dollars; a U.S. person measures the same sale in U.S. dollars. See which exchange rate to use.
How a gain is reported in Canada
- Work out proceeds and adjusted cost base. The CRA says to convert proceeds into Canadian dollars at the rate when you sold, and the cost at the rate when you acquired.
- Check the T5008 slip. Box 20 reports proceeds, and the CRA says it may or may not reflect your adjusted cost base, so you adjust it yourself.
- Report on Schedule 3. The taxable capital gain is the inclusion rate times the gain. The CRA guide says fifty percent of a capital gain is taxable, and the Prime Minister announced on March 21, 2025 that the proposed hike would be cancelled.
- Know the wrapper. The CRA says income and capital gains in a TFSA are generally tax-free and withdrawals are not taxed. Inside an RRSP the rules differ; see RRSP, TFSA, FHSA and RESP explained.
Dividends are a separate calculation. The CRA says you may claim a dividend tax credit on line 40425 for dividends from taxable Canadian corporations, and unlike a gain, a dividend is taxed when received rather than when you sell.
What if you are leaving Canada?
When you stop being a Canadian resident, the CRA says you are deemed to have disposed of certain property at its fair market value, which means an unsold stock at a 52-week high produces a larger deemed gain. Canadian real property and registered plans such as RRSPs and TFSAs are excluded. If the total fair market value of your property was more than $25,000 when you left, you must file Form T1161, and you can elect to defer payment of the departure tax by April 30 of the following year. See our Canada to India tax checklist and Canada capital gains and principal residence.
One list, three readers
| Reader | Key point |
|---|---|
| Canadian resident | Gain in Canadian dollars, half taxable; dividends carry a credit; TFSA gains generally tax-free |
| U.S. citizen or resident | Canadian ETFs and mutual funds are usually PFICs, and shares of an individual company need their own PFIC test; the TFSA's tax-free status is a Canadian rule the U.S. may not follow. See Canadian mutual funds, ETFs and PFIC and U.S. tax treatment of RRSPs and TFSAs |
| Indian resident or NRI | Under the Income-tax Act, 2025 a security counts as short-term for 12 months only if it is listed on an Indian exchange; other assets need more than 24 months to be long-term |
The comparison across all three countries is in capital gains compared. Our Aurora, Illinois CPA firm handles the U.S. side and works with your Canadian CPA and Indian Chartered Accountant. We do not give investment advice.
Frequently asked questions
Is a gain taxable when a stock reaches a new high?
No. Canadian tax arises when you dispose of the shares, or when you are deemed to, for example on leaving Canada.
Does a TSXV stock at a 52-week high carry more risk?
Junior issuers on the TSXV are often early-stage, and small listings can move sharply on little volume. Read the issuer's filings before drawing conclusions.
Which exchange rate applies to my Canadian return?
The CRA guide says to use the rate in effect when you sold for proceeds and when you acquired for cost. See the forex page for the sources.
Do I pay Canadian tax on gains if I am a non-resident?
The CRA ties non-residents' Canadian capital gains tax to certain Canadian property. Ask your CPA whether a particular holding qualifies.
Does the 52-week high change my T1135 duty?
Not directly. The T1135 threshold depends on the cost of foreign property, not its market price. See the T1135 guide.
Official sources
- TMX: Listing with us and sector profiles
- CRA: Capital gains guide T4037
- Prime Minister of Canada: Cancellation of the capital gains inclusion rate increase
- CRA: T5008 Statement of Securities Transactions
- CRA: Lines 12000 and 12010, dividends from taxable Canadian corporations
- IRS: Instructions for Form 8621
- CRA: What is a TFSA
- CRA: Dispositions of property for emigrants of Canada
- Income Tax Department of India: Income-tax Act, 2025 as amended by the Finance Act, 2026
This page summarizes public guidance in plain language. If anything here differs from the official source, the official source controls.
General information only. It is not tax, legal, accounting or immigration advice for your situation, and rules change; confirm the current rules with the official source or a licensed professional in the relevant country.