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466 Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay

BetaKit
Josh Scott @ BetaKit 3 place · 03/21/2025 13:55 EDT

Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay

Prime Minister Mark Carney has officially announced that the Government of Canada will cancel its proposed hike to the capital gains tax inclusion rate. Carney promised to do this earlier this month after the Liberals elected him to replace Justin Trudeau as party leader and prime minister, following nearly a year of backlash from Canadian technology and business leaders since the Liberals first announced the tax changes in Budget 2024. The feds said they intend to maintain the planned increase to the Lifet

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