Capital gains tax changes will impact financial corporations the most: economists
Economists say the impact of Ottawa’s move to raise the inclusion rate on capital gains taxes will impact financial corporations most of all.
Economists say the impact of Ottawa’s move to raise the inclusion rate on capital gains taxes will impact financial corporations most of all.
The nation’s economy slowed sharply last quarter to a 1.6 per cent annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of spending growth since the start of 2024.
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