Everything you need to know about the capital gains tax
This episode first aired on The Big Story June 20, 2024. We thought you might enjoy the listen while In This Economy?! is on pause for the summer. The Liberals say their changes to the capital gains tax mean that Canada's ultra rich will pay a little more, money they can easily afford. The Conservatives say the Liberals are taxing small business owners and Canadians already struggling to get by. Who's right? What if they both are? The changes to the tax were bound to become a political football: A complicated tweak to an existing tax that can be easily spun by either side of the aisle. So who will it really hurt? Will it help? What do you need to understand before you panic sell the family cottage?
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Show Notes
This episode first aired on The Big Story June 20, 2024. We thought you might enjoy the listen while In This Economy?! is on pause for the summer.
The Liberals say their changes to the capital gains tax mean that Canada's ultra rich will pay a little more, money they can easily afford. The Conservatives say the Liberals are taxing small business owners and Canadians already struggling to get by. Who's right? What if they both are?
The changes to the tax were bound to become a political football: A complicated tweak to an existing tax that can be easily spun by either side of the aisle. So who will it really hurt? Will it help? What do you need to understand before you panic sell the family cottage?
GUEST: Laura Dhillon Kane, Ottawa bureau chief, Bloomberg News
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: [email protected]. Thank you for listening!