Expect Tax Changes Following the Election

Clients and friends,

In light of the recent re-election of the Liberal minority government, three major potential tax changes have emerged:

  • The rumoured tax hikes for those with a higher net worth,
  • Changes to the capital gains inclusion rate, and
  • Plans to address wealth inequality.

Everyone is unsure as to exactly what’s going to happen, but here’s a related article if you’re interested in understanding the possibilities of what’s to come. In our next touchpoint, we’ll highlight some more specific personal tax and finance changes to expect post-election.

As always, if you have related questions or just want to bounce ideas around, please let us know. It’s what we’re here for.

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