The Canadian entrepreneurial spirit is being damaged by costly policies.
January 21, 2025
The capital gains tax inclusion rate was increased by 66% as of June 25th, 2024, by the current government, killing investment and scaring away jobs to south of the border.
It was a bad idea then. It’s an even worse idea now as Canada faces tariff threats from the United States.
Now that the Prime Minister has prorogued Parliament, this tax will not become law before the next election. Yet it is still, lawlessly, being treated as if it were law by CRA.
However, there is a solution.
Under a Conservative government, we will reverse last year’s capital gains tax hike on jobs, homebuilders, investments, farmers, and small businesses, saving 414,000 jobs and $90 billion in GDP.
Watch and listen as my guest, Tracy Gray, and I discuss how the entrepreneurial spirit is being damaged by costly policies, what the numbers have been indicating nationwide, and much more.
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