Reported about 19 hours ago
Conservative Leader Pierre Poilievre proposes a tax deferral for Canadian investors, mirroring a successful US rule that stimulated housing markets. If elected, his government would allow deferral of capital gains taxes on sales, provided proceeds are reinvested domestically, impacting gains from mid-2025 to late 2026. This policy aims to enhance investment attractiveness in Canada amid economic challenges. While it could stimulate the market, concerns arise about its potential impact on housing prices and wealth inequality.
Source: YAHOO