Chrystia Freeland pledges to repeal the increased capital gains tax if elected Canada's next Prime Minister.

Chrystia Freeland, a candidate to lead Canada's Liberal Party and become Prime Minister, plans to repeal the increased capital gains tax if elected. She previously introduced the tax hike as Finance Minister, but now wants to rescind it due to potential changes under U.S. President Trump and concerns about investment in Canada. The tax increase, affecting high-income earners, took effect in 2021 but faces uncertainty due to recent political developments.

2 months ago
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