Opinion: Capital gains tax hike a major blow to Canadian business investment ...Middle East

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Opinion: Capital gains tax hike a major blow to Canadian business investment
Canada’s economic forecast darkens with federal government’s increase to capital gains tax According to the recent federal budget, the Trudeau government plans to increase the inclusion rate from 50 per cent to 66.7 per cent on capital gains over $250,000 for individuals and on all capital gains realized by corporations and trusts. Unfortunately, this tax hike will be the final nail in the coffin for business investment in Canada, which likely means even harder economic times ahead. Canada already faces a business investment crisis. From 2014-22, inflation-adjusted total business investment (in plants, machinery, equipment and new technologies but excluding residential construction) in Can

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