The lifetime capital gains exemption deduction, if you dispose of shares
in a qualified small business corporation, is $848,252, or $1,000,000 for
a qualified farm property or qualified fishing property. If you have
already claimed the $100,000 personal capital gain exemption (ended in
1994) then this reduces the available lifetime capital gains exemption.
You must also verify whether you have claimed allowable business
investment losses (ABIL) in prior years or have cumulative net
investment losses (CNIL) as of December 31, 2018, as these items will
also affect the amount of exemption that can be claimed.

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