Conservative Leader Pierre Poilievre on Thursday promised to reverse the Liberal government’s controversial changes to capital gains taxes if he takes power in the next federal election. He made the pledge in Vancouver, where he spoke about the need to reduce the tax burden on Canadians and businesses to gird the economy against the coming…
The federal government has provided some clarity on how proposed changes to capital gains taxes will work after Prime Minister Justin Trudeau prorogued Parliament without passing legislation to put the new tax rules into law. But tax experts warn that until it’s clear which party will form government this year in Canada’s upcoming federal election,…
Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal budget, according to the Parliamentary Budget Officer. The PBO on Thursday tabled a probe of Liberal measures to hike the inclusion rate on capital gains…
