Canada's Capital Gains Tax Hike
This is a Canada news story, published by torontosun, that relates primarily to The Fraser Institute news.
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disastrous capital gains tax hiketorontosun
•Going ahead with capital gains tax hike will hurt competitiveness: Study
83% Informative
New research suggests Canada 's capital gains tax would be among the highest rates in the world.
The Fraser Institute released the study Tuesday .
The proposal would have increased the inclusion rate for individuals who see over $ 250,000 annually in capital gains, and from one-half to two-thirds for corporations.
The increase would hurt Canada ’s competitiveness, the study says.
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