The capital gains tax, explained

from The Decibel · host The Globe and Mail

When the federal government released their 2024 budget last week, they changed the capital gains tax for the first time in a quarter-century. The tax is set to bring in $19.3-billion dollars, and the government says it’ll only impact the wealthiest of Canadians. But many are disputing that.Salmaan Farooqui, a personal finance reporter with the Globe’s Report on Business, is on the show to tell us about the basics of capital gains and how this tax might affect Canadians.Questions? Comments? Ideas? E-mail us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

When the federal government released their 2024 budget last week, they changed the capital gains tax for the first time in a quarter-century. The tax is set to bring in $19.3-billion dollars, and the government says it’ll only impact the wealthiest of Canadians. But many are disputing that. Salmaan Farooqui, a personal finance reporter with the Globe’s Report on Business, is on the show to tell us about the basics of capital gains and how this tax might affect Canadians.

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The capital gains tax, explained

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This episode is 20 minutes long.

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This episode was published on April 22, 2024.

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