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On of cumulative net investment loss (CNIL) reduces the amount of your cumulative gains limit for the year and may affect the allowable amount of your capital gains deduction. Even if you are not claiming a capital gains deduction in 2025, you should still complete this form if you had any investment income or expenses in 2025. The balance in your CNIL account represents a cumulative total, so you may need this information in a future year. Keep a copy for your records and attach another copy to.

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