Day Trading TAXES in Canada 2022 - Tax deductions for traders

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Tax season is around the corner and as a beginner day trader in 2022 you should be aware of your tax liabilities in Canda. How to file day trading taxes in Canada? Is day trading income considered capital gains or business or self-employment income?
While capital gains are 50% tax free, self employment & business income are 100% taxable.
But you must file your trading income according to CRA rules and definitions:
1. How how much money are you making day trading?
2. Is trading your only income source?
3. How long you hold the securities positions for?
4. How often do you place trading transactions
Resources mentioned:
https://www.taxtips.ca/taxrates/bc.htm
https://turbotax.intuit.ca/tax-resources/canada-income-tax-calculator.jsp#
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