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Capital Gains Taxes: What Are They and Why Are Canada’s Ultra Rich Freaking Out?
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Capital gains – what are they and why is everyone talking about them?
This year’s federal budget, released on April 16, is rolling out changes to the way capital gains are taxed in order to make wealthy Canadians “pay their fair share.”
According to Finance Canada, these changes are targeted at the wealthiest of the wealthy – Canada’s top 0.13%, a group of approximately 40,000 Canadians with…