Contentious capital gains tax change to face vote at Canada's House of Commons

The federal government is ready to proceed with a controversial tax hike announced in the April budget. It applies to capital gains above $250,000 — capital gains are the profit made on the sale of stocks, investment properties or a business. Some professionals like doctors and lawyers are against the hikes, citing retirement planning concerns. But as David Akin reports, the Liberals may be more concerned about scoring political points over the opposition. For more info, please go to https://globalnews.ca/news/10555630/capital-gains-tax-change-vote-house-of-commons/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews

Jun 12, 2024 - 09:30
Contentious capital gains tax change to face vote at Canada's House of Commons

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AMAZON.CA DEALS

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Channel: Global News  

The federal government is ready to proceed with a controversial tax hike announced in the April budget. It applies to capital gains above $250,000 — capital gains are the profit made on the sale of stocks, investment properties or a business.

Some professionals like doctors and lawyers are against the hikes, citing retirement planning concerns.

But as David Akin reports, the Liberals may be more concerned about scoring political points over the opposition.

For more info, please go to https://globalnews.ca/news/10555630/capital-gains-tax-change-vote-house-of-commons/

Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews

Video length: 1:55
Category: News & Politics
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