5000-S3 
 
T1 - 2011 
 
Schedule 3 
 
Capital Gains (or Losses) in 2011 
 
For more information, read Line 127 in the General Income Tax and Benefit 
Guide and Guide T4037, Capital Gains.  Attach a separate sheet of paper if 
you need more space. Attach a copy of this schedule to your return. 
 
Note: If you have a business investment loss, see Line 217 in the guide. 
 
*** Transcriber's Note: For sections 1 to 8 enter as many lines as necessary. 
The print version is reproduced with one or two narrative columns followed by 
numbered columns 1 to 5. *** 
 
Qualified Dispositions 
 
1. Qualified small business corporation shares 
(Report, in 3 below, publicly traded shares, mutual fund units, deferral of 
eligible small business corporation shares, and other shares.) 
 
Number ^
Name of corporation and class of shares ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 106: Total (add all the amounts under column 2) ^
Line 107: Gain (or loss) (add all the amounts under column 5) ^
 
Qualified Dispositions 
 
2. Qualified farm property and qualified fishing property 
 
Address or legal description ^
Province/Territory. ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 109: Total (add all the amounts under column 2) ^
Line 110: Gain (or loss) (add all the amounts under column 5) ^
 
Mortgage foreclosures and conditional sales repossessions 
 
Address or legal description ^
Province/Territory ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 123: Total (add all the amounts under column 2) ^
Line 124: Gain (or loss) (add all the amounts under column 5) ^
 
3. Publicly traded shares, mutual fund units, deferral of eligible small 
business corporation shares, and other shares 
 
(Report capital gains (or losses) shown on T5, T5013, T5013A, T4PS, and T3 
information slips on line 174 or 176.) 
 
Number ^
Name of fund/corporation and class of shares ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 131: Total (add all the amounts under column 2) ^
Line 132: Gain (or loss) (add all the amounts under column 5) ^
 
4. Real estate, depreciable property, and other properties 
 
Address or legal description ^
Province/Territory ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 136: Total (add all the amounts under column 2) ^
Line 138: Gain (or loss) (add all the amounts under column 5) ^
 
5. Bonds, debentures, promissory notes, and other similar properties 
 
Face value ^
Maturity date ^
Name of issuer ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 151: Total (add all the amounts under column 2) ^
Line 153: Gain (or loss) (add all the amounts under column 5) ^
 
6. Other mortgage foreclosures and conditional sales repossessions 
 
Address or legal description ^
Province/Territory ^
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 154: Total (add all the amounts under column 2) ^
Line 155: Gain (or loss) (add all the amounts under column 5) ^
 
7. Personal-use property 
(full description) ^
 
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Line 158: Gain only (add all the amounts under column 5) ^
 
8. Listed personal property (LPP) 
(full description) ^
 
Note: You can only apply LPP losses against LPP gains. 
 
(Column 1): Year of acquisition ^
(Column 2): Proceeds of disposition ^
(Column 3): Adjusted cost base ^
(Column 4): Outlays and expenses (from dispositions) ^
(Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^
Subtract: unapplied LPP losses from other years (Column 5) ^
Line 159: Net gain only (add all the amounts under column 5) ^
 
Line 161: Capital gains deferral from qualifying dispositions of eligible 
small business corporation shares (included in 3 above) ^
 
Line 173: Farming and fishing income eligible for the capital gains deduction 
from the disposition of eligible capital property (for details, see Form 
T657) ^
 
Line 174: T5, T5013, T5013A, and T4PS information slips - Capital gains (or 
losses) ^
 
Line 176: T3 information slips - Capital gains (or losses) ^
 
Line 178: Capital loss from a reduction in your business investment loss ^
 
Line 191: Total of all gains (or losses) in column 5 before reserves = ^
 
Line 192: Reserves from line 6706 of Form T2017 (if negative, show it in 
brackets and subtract it) ^
 
Line 197: Total capital gains (or losses) = ^
 
Line 199: Multiply the amount on line 197 by 50%. Taxable capital gains (or 
net capital loss) in 2011 ^
Enter the taxable capital gains on line 127 of your return. If it is a net 
capital loss, see Line 127 in the guide. 
 
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