Federal Capital Gains Tax Deferred

On January 31, 2025, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026. This delays the increase in the capital gains inclusion rate from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations. For more details click the link below.
Federal Capital Gains Tax Deferred Press Release