Ottawa announces deferral in implementing its capital gains changes
- The Federal Government is deferring the implementation of a capital gains inclusion rate hike to January 1, 2026, announced by Finance Minister Dominic LeBlanc.
- LeBlanc stated that legislation related to the capital gains changes and new exemptions will be introduced in due course.
- The lifetime capital gains exemption will increase to $1.25 million, benefiting Canadians with capital gains below $2.25 million.
- A new Canadian Entrepreneurs Incentive will lower the inclusion rate to one-third on eligible capital gains, effective for the 2025 tax year.
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Total News Sources0
Leaning Left11Leaning Right4Center4Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 21%
R 21%
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