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Some Canadians may be forced to pay higher capital gains tax for a year or two, according to business group

Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway


By News on the Net CBC——--January 10, 2025

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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...


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