I own foreign property, do I need to file a T1135?

If you owned or held specified foreign property with a total cost of over CAN$100,000 at any time during the tax year, you must complete and file a T1135 (Foreign Income Verification Statement).

If you have more detailed questions about the T1135, e.g.: what reporting method to use, definitions, etc, please visit the CRA’s T1135 help page.