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Freeland says she’s abandoning capital gains tax change because of Trump

Liberal leadership candidate Chrystia Freeland plans to scrap her own capital gains tax changes if she becomes Prime Minister, according to a source close to her.
The changes, announced in April, increased the taxable amount of capital gains for individuals and corporations, which Freeland originally defended as promoting tax fairness.
Conservative leader Pierre Poilievre criticized Freeland for her reversal, stating, 'Her slogan should be: 'I'm Chrystia and I was wrong about everything.'
Freeland's decision is seen as a response to potential changes in U.S. Tax policies under President Donald Trump, which could impact Canadian investments.

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National Observer

Freeland says she'll dump capital gains tax change because of Trump

As finance minister, Freeland hiked the capital gains tax inclusion rate in the federal budget less than a year ago, increasing the share of capital gains on which individuals or corporations have to pay tax. At the time, she said it was a matter of "tax fairness" to ask wealthier people and corporations to pay a bit more to help the government pay for essential investments in things like health care and child care.

28 days ago·Canada

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Barrie Today

+23 Reposted by 23 other sources

Freeland says she's abandoning capital gains tax change because of Trump

OTTAWA — Former finance minister Chrystia Freeland said Thursday that Donald Trump's return to the presidency is the reason she would repeal changes to the capital gains tax she introduced just last year.

28 days ago·Barrie, Canada

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The Epoch Times

Liberal Leadership Candidates Freeland and Gould Vow to Scrap Capital Gains Tax Hike

Liberal leadership contenders Karina Gould and Chrystia Freeland have both pledged to scrap the capital gains tax increase if they become the leader of their party. Former Finance Minister and Deputy Prime Minister Chrystia Freeland addressed her capital gains plans during a Jan. 23 press scrum after a reporter questioned her about changing her stance. Freeland said the election of U.S. President Donald Trump had been a “major change for the U.S…

28 days ago·New York, United States

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Toronto Sun

+2 Reposted by 2 other sources

Freeland says she’s abandoning capital gains tax change because of Trump

OTTAWA -- Former finance minister Chrystia Freeland says her promise to repeal changes to the capital gains tax was made in response to Donald Trump's election in the United States.

28 days ago·Toronto, Canada

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True North News

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. While the Liberal Party of Canada’s leadership race is shaping up as a battle between Chrystia Freeland and Mark Carney, Conservative Leader Pierre Poilievre said it might as well be Freeland versus Freeland. “She says she was wrong again — wrong on the carbon…

29 days ago

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