While the majority of Canadians think that taxes on capital gains are due immediately when a person passes away, but the CEO of a digital estate planning platform says that is not the case.
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Capital gains changes have Canadians rushing to get ‘affairs in order’Starting June 25, the inclusion rate for taxable capital gains will increase to 67 per cent for individuals realizing more than $250,000 in capital gains annually.
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Do capital-gains taxes really matter that much to Canada’s economic well-being?Many critics have voiced concerns about the potential impact of a capital-gains tax increase on Canada’s investment and productivity
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Wealthy Canadians investing more in government-backed venture capital fundsNorthleaf, Kensington, Teralys hit funding milestones under Liberal’s VCCI program
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Canada’s new capital gains tax rules come into effect today2/3rds of capital gains over $250K now taxable, rather than 1/2
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Canada’s Poilievre to Review Capital Gains Tax Hike If ElectedCanadian Conservative Leader Pierre Poilievre is pledging to review the capital gains tax hike if elected prime minister – but he won’t commit to repealing the measure.
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Capital Gains Tax Hike a Start But Canada Needs More Revenue, IMF SaysThe International Monetary Fund says Prime Minister Justin Trudeau’s capital gains tax hike improves the system’s neutrality and won’t significantly harm investment or productivity growth, but his government must do more to boost revenue and tighten fiscal policy.
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