Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
Some Canadians may be forced to pay higher capital gains tax for a year or two, according to business group
The prorogation of Parliament has led to confusion around the federal government's plans to boost the rate of tax some Canadians pay on the capital gains — or profits — they make from selling assets like stocks, a family business or a cottage.
Last spring, the federal Liberal government proposed changes to how it taxes those capital gains. -- More...