Global National: June 10, 2024 | Canadian Liberals table motion to increase capital gains tax

The Canadian government has officially tabled a motion to increase the capital gains tax, which it hopes will add nearly $20 billion in new revenue to fund investments over the next five years. It's also been billed as an effort to improve 'tax fairness' across the nation. Eric Sorensen explains why doctors and business owners are unhappy about the proposal and how the Conservatives are staying quiet about how they will vote. The federal government says it will support a push to expand the scope of an inquiry into foreign interference, following allegations from Canada's intelligence watchdog that some MPs have "wittingly" participated in foreign meddling. Mercedes Stephenson explains how opposition parties are reacting and why the Liberals are not releasing the names of the accused Parliamentarians. Closing arguments have been heard in the trial of Jeremy Skibicki, who admitted to killing four Indigenous women in Winnipeg in 2022. As Marney Blunt reports, while Skibicki's lawyers want him found not criminally responsible due to mental illness, the Crown argues that he knew what he was doing the entire time. French President Emmanuel Macron has called a snap parliamentary election following his Renaissance party's humbling defeat to the far-right National Rally in the European Parliament vote. Redmond Shannon looks at the risks of Macron's big political gamble and the gains made by other far-right parties across Europe. Beachgoers on Florida's Gulf Coast are being reminded that they can often find themselves in the same waters as ocean predators, after three people were injured in two shark attacks just a few kilometres apart on the same day. Heidi Petracek looks at the incidents and what they mean for Atlantic Canadians as sharks follow their food north. More than two decades after Vancouver's Notic streetball crew rose to international fame, two of the team's former members are now mentors for at-risk youth at a school district in Surrey, B.C. Neetu Garcha looks at what's inspired Joel “King Handles” Haywood and Jonathan “Johnny Blaze” Nkada Mubanda to take their story from the court to the classroom. For more info, please go to https://globalnews.ca/news/10556324/capital-gains-tax-changes-legislation/ 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 #GlobalNational #cdnpoli

Global National: June 10, 2024 | Canadian Liberals table motion to increase capital gains tax
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Channel: Global News  

The Canadian government has officially tabled a motion to increase the capital gains tax, which it hopes will add nearly $20 billion in new revenue to fund investments over the next five years. It's also been billed as an effort to improve 'tax fairness' across the nation. Eric Sorensen explains why doctors and business owners are unhappy about the proposal and how the Conservatives are staying quiet about how they will vote.

The federal government says it will support a push to expand the scope of an inquiry into foreign interference, following allegations from Canada's intelligence watchdog that some MPs have "wittingly" participated in foreign meddling. Mercedes Stephenson explains how opposition parties are reacting and why the Liberals are not releasing the names of the accused Parliamentarians.

Closing arguments have been heard in the trial of Jeremy Skibicki, who admitted to killing four Indigenous women in Winnipeg in 2022. As Marney Blunt reports, while Skibicki's lawyers want him found not criminally responsible due to mental illness, the Crown argues that he knew what he was doing the entire time.

French President Emmanuel Macron has called a snap parliamentary election following his Renaissance party's humbling defeat to the far-right National Rally in the European Parliament vote. Redmond Shannon looks at the risks of Macron's big political gamble and the gains made by other far-right parties across Europe.

Beachgoers on Florida's Gulf Coast are being reminded that they can often find themselves in the same waters as ocean predators, after three people were injured in two shark attacks just a few kilometres apart on the same day. Heidi Petracek looks at the incidents and what they mean for Atlantic Canadians as sharks follow their food north.

More than two decades after Vancouver's Notic streetball crew rose to international fame, two of the team's former members are now mentors for at-risk youth at a school district in Surrey, B.C. Neetu Garcha looks at what's inspired Joel “King Handles” Haywood and Jonathan “Johnny Blaze” Nkada Mubanda to take their story from the court to the classroom.

For more info, please go to https://globalnews.ca/news/10556324/capital-gains-tax-changes-legislation/

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 #GlobalNational #cdnpoli

Video length: 22:21
Category: News & Politics
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