Memo to Canadians: the adjusted capital gains tax will still constitute a very generous tax break for the wealthy

We know that a decade of personal and corporate tax cuts under the Paul Martin and Stephen Harper governments failed to produce the hoped-for economic boom.
Under Finance Minister Chrystia Freeland’s capital gains gambit, companies and individuals making profits on the sale of assets will still enjoy special tax treatment, writes Les Whittington.

OTTAWA—Let’s try to get this into perspective. There may be persuasive arguments for keeping the favourable capital gains tax rate unchanged. But suggesting the changes proposed by Finance Minister Chrystia Freeland are somehow grossly unfair to the few mostly wealthy pe...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.


Already a Subscriber?

Get Weekend Point of View Newsletter

A round up of the past week’s opinion writers and columnists on Saturdays and Sundays.


By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

MORE Opinion

RELATED STORIES

MORE Feature

RELATED STORIES