Tag: Budget 2024

Canada

Canadian Capital Gains Change Targets Boomers More Than The Rich

May 14, 2024

Canadian policy makers claim they’re cracking down on the rich, but they know it’s not the case. Budget 2024 will raise the capital gains tax, stating only a small number of the wealthiest taxpayers will be impacted. Statistics Canada (Stat Can) data provided to policymakers shows that’s not the case, impacting 7x the number implied. […]

Canada

Canada’s New Housing Plan Won’t Help, But Slowing Immigration Will: BMO

April 17, 2024

Canada just announced billions in new measures to correct the housing issues it created. Last night the Government of Canada (GoC) released its latest budget, including billions in spending on new housing stimulus. BMO provided a list of the recent changes, noting they’ll have a limited impact, given most of the measures are demand stimulus. […]