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Trudeau government delays capital gains tax hike after taxpayer backlash
Canadians concerned about the capital gains tax increase will be able to breathe a temporary sigh of relief.
The Liberals announced on Friday that the...
Taxpayers group challenges CRA over “illegal and undemocratic” capital gains tax hike
The Canadian Taxpayers Federation is taking the Canada Revenue Agency to court to stop the federal agency from enforcing a capital gains tax hike that has not gone through the proper legal processes.
Chrystia Freeland campaigning against capital gains hike she implemented
Liberal leadership candidate Chrystia Freeland kicked off her campaign by backtracking on two key policies that she was once the foremost supporter of — the capital gains and carbon taxes.
Poilievre vows to reverse capital gains tax hike
A Conservative government will reverse the latest capital gains tax increase if elected.
Capital gains tax will drive down competition, chase away investment: study
The Liberals’ increased capital gains tax rate will likely hurt the country’s competitiveness globally. A new study finds its effects will reverse “investment, productivity, entrepreneurship, and innovation in Canada.”
CRA going ahead with capital gains tax hike – even though Parliament never passed it
The Canada Revenue Agency will continue to administer the Liberals’ increased capital gains tax rate, despite the fact that it hasn’t passed in Parliament, which was prorogued by Prime Minister Justin Trudeau last week until March 24, 2025.
Canada’s OECD tax competitiveness ranking suffers due to capital gains rates, other taxes
Canada’s high capital gains rates, corporate and digital service taxes could be driving investment away, according to an international report that ranks tax competitiveness among developed nations.
Liberal capital gains tax hike could cost nearly $90B in lost GDP, over 400K...
New analysis shows that the capital gains tax hike introduced by the Liberals will cost the Canadian economy even more than expected, resulting in almost $90 billion in lost GDP.
Justice minister deletes capital gains tax video after being accused of falsehoods
Justice Minister Arif Virani has come under fire for a misleading video he posted to social media to “explain” to Canadians how they would be affected by the Liberals’ increase to the capital gains tax.
Capital gains tax hike will affect more than half of Canadian small businesses: CFIB
More than half of Canadian small business owners say that the capital gains inclusion tax hike will affect them, according to the Canadian Federation of Independent Businesses.