Capital gains tax change: Here's what you need to know

CTV News' Colton Praill discusses how changes to the capital gains tax will impact Canadians.

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[longjohn]

I disagree with the idea that it won't affect most Canadians. Having medical personnel leave the country affects everyone.

[ztracks]

Farmers don't get a lifetime pension like these corrupt politicians.

[challengerbrant]

this liberal/ndp government is ridiculous. This is an inheritance tax.

[littlelittle]

Thank you to the voters in St. Paul!❤❤❤

[vinvin]

Tax Tax and Tax more. And, where does the money go? More than 25% Canadians live below the poverty line☹☹☹☹☹ Get rid of this government.

[chrisministerofsmartarsery]

No point in starting a business in Canada. No point in buying a 2nd property to rent. I can hear money leaving Canada as I type this...

[danboate]

this impacts 4.5% of Canadians each year but will affect 100% of everyone

[LanceCampeau]

All this will do is chase skilled talent and investment dollars out of our economy.
The sheer volume of Liberal economic illiteracy is staggering.

[TheRealBatCave]

Just feels like any younger up an coming doctors, or students becoming doctors will just leave the country for the states

[melissamacdonald]

The spending of this government is beyond out of control.

[Ali-bclc]

When you Don't have solutions for the economy you raise taxes, when you get involved in war funding you raise taxes, this will affect consumer power and future investments which Canada relies on .

[NeverMyRealName]

with inflation everyone will encounter this tax

[jmhqueens]

Don't forget you bought this with after tax dollars and paid property tax on it each year and now are taxed on the inflated values

[megaman]

This hurts everyone don't be a sucker

[ElainEmail-mq]

A loss of ONE Medical Care Professional leaving Canada devastes a whole town in Canada....

Meanwhile does a loss of ONE LIBERALS MP or the current team of Liberals MPs devastate any towns in Canada?

Please kindly ask millions of Canadians who DO NOT have permanent medical care professionals and who do Canadians want to keep in Canada ?

[martinfriesen]

What irks me is that they will enforce it even though it is not law yet, but when it comes to the rural topup to the carbon rebate they can't pay it because it is not law yet. And they blame PP for that.

[davidvalyear]

50% of Canadians are worried about this change so 20mil. Out of 40 mil. That's the entire adult work force, not likely

[canadianbrotv]

Canada making Alberta and Usa great again. I wont ever invest in Canada makes no sense at all to invest in Ontario..

[re-replied]

To make $250K in Capital gain, you must sell assets you own for $3aM = Taxing the rich

[g.c.]

The $250K exemption should be cumulative year on-year (like RRSP contribution room) to avoid this being an inheritance tax. In that way it would only catch those with repeated yearly gains of more than $250K.