Business groups walk back claim about share of Canadians hit by capital gains changes

Prominent business groups are backtracking on their claim that one in five Canadians would be affected by the federal government's proposed changes to capital gains taxation.

Business groups walk back claim about share of Canadians hit by capital gains changes
Perrin Beatty, president of the Canadian Chamber of Commerce, points Prime Minister Justin Trudeau to his seat for a fireside discussion, after Trudeau's remarks at the Canadian Chamber of Commerce Hill Day in Ottawa, on Monday, April 15, 2024. Prominent business groups are backtracking their claim that one in five Canadians will be affected by federal government's proposed changes to capital gains taxation.

Prominent business groups are backtracking on their claim that one in five Canadians would be affected by the federal government's proposed changes to capital gains taxation.