Sched3 computes your CRA-compliant adjusted cost base across every broker and account, flags superficial losses before they cost you, and packages everything into a format you or your accountant can file directly.
Every brokerage shows you a "book value" or "average cost" number. None of them see what happens outside their own walls — a transfer-in from another broker, a DRIP, a return-of-capital distribution, a security held in two accounts at once. Canadian tax law requires one pooled number across everything you own. Getting that number wrong means over- or under-reporting a capital gain, or accidentally triggering a superficial loss you didn't know existed. Sched3 computes that number correctly and explains, in plain language, why it's what it is.
Sched3 is a calculation and organization tool, not an accounting firm or a robo-advisor. We don't manage money, place trades, or file returns on your behalf. We compute ACB, flag superficial losses, reconcile T5008/T3 slips, and package everything into a format your accountant (or you, in TurboTax/Wealthsimple Tax/UFile) can use directly. Nothing here replaces a conversation with a qualified accountant, especially for anything ambiguous like business-income risk or cross-border reporting.
Sched3 is built entirely around the Canadian tax system — PIPEDA-compliant data handling, Bank of Canada FX rates on every trade, CRA-specific superficial loss rules, and the Schedule 3 format your accountant expects. We're not a US product with a Canadian mode bolted on; this is all we do, and we do it well.
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