Prime Minister Justin Trudeau's government will continue to collect a modified capital gains tax, the finance ministry said ...
Canada’s tax authority will continue applying the higher capital gains inclusion rate despite Prime Minister Justin Trudeau’s ...
In simple terms, a capital gains tax is a tax imposed on the sale of an asset by an individual or business. However, there ...
The Canadian Chamber of Commerce is urging the federal government to axe proposed changes to Canada's capital gains tax rules amid uncertainty for filers in the coming tax season.
A new report from the C.D. Howe Institute says the proposed increase in the capital gains tax rate would impact people and companies more broadly than the government estimates and argues it should be ...
Despite the current prorogation, the finance department says the CRA will issue taxpayer forms in accordance with the ...
Canadian authorities "will collect billions in capital gains taxes, with no legislation authorizing it, until a government officially tells it to stop. This means that it could be a long time before ...
If the tax changes never become law, the CRA will likely need to refund affected taxpayers, resulting in lower federal and ...
With capital gains tax increasing since the Autumn Budget, investors are turning to tax wrappers like SIPPs and ISAs to ...
The April 16, 2024, budget announcement was followed up by a motion tabled in Parliament on June 10, 2024. On Sept. 23, 2024, ...
Capital gains is the profit you make from selling a capital asset (real eastate, vehicle, collectibles etc) Learn about taxes ...
When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.