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Parliament Hill where the Capital Gains Inclusion Rate Deferral was announced

Ottawa announces deferral of proposed capital gains inclusion rate increase

In a major policy shift, the federal government has announced that it will defer implementation of the proposed capital gains inclusion rate increase to January 1st, 2026. The proposal was to take effect on June 25th, 2024, though the legislation to implement the increase had yet to receive royal assent. The measure would increase the capital […]

Parliament Hill in Ottawa after Budget 2024 was delivered

Federal Budget 2024 raises capital gains inclusion rates, continues major deficit spending

The raft of ambitious new federal spending commitments in the lead up to Budget 2024 were designed to position the Trudeau government as being a step ahead of challenges such as affordability, the national housing shortage and Canada’s woeful economic productivity. Many of these announcements were also drafted to woo critical Generation Z and Millennial voters […]