Department of Finance Canada: Government of Canada delivering tax fairness for every generation

Department of Finance Canada

Canada News Centre

Government of Canada delivering tax fairness for every generation

by Department of Finance Canada on Monday 10 June 2024 03:39 PM UTC+00 | Tags: news-releases
The government is committed to tax fairness for Canadians. Today, Canadians pay tax on the income from their job. But currently, they only pay taxes on 50 per cent of capital gains, which is the profit generally made when an asset, such as stocks or a rental property, is sold.
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