Capital Gains Tax Hike Draws Criticism from Trudeau’s Former Finance Minister

The Liberal government of Prime Minister Justin Trudeau has raised the capital gains tax inclusion rate in its latest federal budget. The measure, announced by current Finance Minister Chrystia Freeland, will increase the portion of capital gains that are subject to taxation from 50% to 66.67% for gains over C$250,000 for individuals, while corporations are … Continue reading Capital Gains Tax Hike Draws Criticism from Trudeau’s Former Finance Minister