Perrin Beatty, president of the Canadian Chamber of Commerce, points Prime Minister Justin Trudeau to his seat for a fireside discussion, after Trudeau’s remarks at the Canadian Chamber of Commerce Hill Day in Ottawa, on Monday, April 15, 2024. have backtracked their claim that one in five Canadians would be affected by the federal government’s proposed changes to capital gains taxation.
In a letter sent to Finance Minister Chrystia Freeland on Thursday, the Canadian Chamber of Commerce and othersaid the government’s assertion that only the wealthiest Canadians will be affected was misleading. “In fact, one in five Canadians will be directly impacted over the next 10 years and the effects of this tax hike will be borne by all Canadians, directly or indirectly,” the original letter reads.
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