inclusion rate

Liberal government’s proposed capital gains tax changes come into effect today

Liberal government’s proposed capital gains tax changes come into effect today

Jun 25, 2024 | 7:26am
The Liberal government’s changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians’ groups. Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of capital gains — the profit made on the sale of assets such as a secondary residence or stocks — taxable, rather than one-half. For individuals’ capital gains of $250,000 or less, […]

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