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Capital Gains Tax

How The Capital Gains Tax Hike Will Impact You 

on July 11th, 2024 by The Afro News

The capital gains tax hike will affect Canadians at ALL income levels  A lot of Canadians are starting to find out they’re richer than they think, at least according to the taxman.   The way the Trudeau government is pitching its capital gains tax hike, you’d think it’s only affecting Canada’s richest 0.13 percent of

Filed under: Business, Canadian News, Finance, Point of View, The Bridge Tagged as: Capital Gains Tax, higher tax bill, Middle-Class

Capital Gains Tax Undermines the Backbone of the Canadian Economy 

on July 4th, 2024 by The Afro News

The claim that the capital gains tax affects only 0.13 percent of Canadians is not true  It’s hard to recall a time when capital gains taxes have drawn so much attention.  Historically, changes to capital gains taxation have largely flown under the radar. However, the latest modifications are different.  Starting June 25, 2024, capital gains

Filed under: Business, Canadian News, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: Canadian Economy, Capital Gains Tax, Family Enterprise

CEO Pay in Canada Continues to Soar Unrestrained  

on January 7th, 2024 by The Afro News

We need to rein in excessive CEO pay through taxation  As Canadians struggle with a cost-of-living crisis, Canada’s top CEOs are making more than ever before. The 100 highest-paid CEOs broke every compensation record on the books in 2022, receiving, on average, a whopping $14.9 million.   Those CEOs made 246 times more than the

Filed under: Business, Canadian News, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: Canada’s top CEOs, Capital Gains Tax, CEO pay, worker’s wage

 Canada’s Employee Ownership Trust Model Should Waive Capital Gains Tax

on March 24th, 2023 by The Afro News

Seventy-six per cent. That’s the number of Canadian business owners who anticipate retiring in the next decade and must now explore what’s next for their company. With the federal budget just around the corner, the government is in a unique position to help these owners protect their businesses, look after their workers and preserve their

Filed under: Business, Canadian News, Point of View, The Bridge Tagged as: Capital Gains Tax, retiring business owners, selling business
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