Capital-gains tax hike will lead to ‘fairness for every generation’? Really?

The Globe and Mail
April 30, 2024.

The capital gains hike announced in Budget 2024 suggests that only a small minority of businesses will be affected by the change, with the federal government citing that just 12.6 per cent of businesses reported capital gains in 2022. Andrew Feindel, portfolio manager and investment advisor at Richardson Wealth, argues that this statistic doesn’t tell the full story.

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