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No recourse for those who sold properties prematurely due to capital gains confusion

Summary by Huntsville Doppler
If you had capital gains this year—large or small—you may have been negatively impacted by proposals, delays, and eventual policy reversals. Proposed Increase and Subsequent Delay In the April 2024 budget, the federal government of Justin Trudeau proposed raising the capital gains and losses inclusion rate from approximately one-half to two-thirds for individuals with annual capital gains exceeding $250,000, as well as for corporations and most …
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No recourse for those who sold properties prematurely due to capital gains confusion

If you had capital gains this year—large or small—you may have been negatively impacted by proposals, delays, and eventual policy reversals. Proposed Increase and Subsequent Delay In the April 2024 budget, the federal government of Justin Trudeau proposed raising the capital gains and losses inclusion rate from approximately one-half to two-thirds for individuals with annual capital gains exceeding $250,000, as well as for corporations and most …

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Huntsville Doppler broke the news in on Thursday, April 3, 2025.
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