How much can homeowners expect to pay after capital gains tax increase?

The federal budget tabled earlier this week includes increases on capital gains taxes for people selling property that is not their primary residence. It's a move aimed at increasing taxes on wealthier Canadians. The CBC's Michelle Ghoussoub crunched some of the numbers to determine what owners might soon need to pay. Connect with CBC Vancouver online: Website: https://www.cbc.ca/bc TikTok: https://www.tiktok.com/@cbcvancouver #CBCVancouver #CBCNews #BritishColumbia #capitalgains #capitalgainstax #housing #canada

How much can homeowners expect to pay after capital gains tax increase?
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Channel: CBC Vancouver  

The federal budget tabled earlier this week includes increases on capital gains taxes for people selling property that is not their primary residence. It's a move aimed at increasing taxes on wealthier Canadians. The CBC's Michelle Ghoussoub crunched some of the numbers to determine what owners might soon need to pay.

Connect with CBC Vancouver online:
Website: https://www.cbc.ca/bc
TikTok: https://www.tiktok.com/@cbcvancouver

#CBCVancouver #CBCNews #BritishColumbia #capitalgains #capitalgainstax #housing #canada

Video length: 1:54
Category: News & Politics
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