Canadian PM Mark Carney reverses capital gains tax hike to promote small business
Canadian Prime Minister Mark Carney has scrapped a proposed capital gains tax hike to boost investment and support small businesses. This decision reverses a major element of the 2024 federal budget. The government will still increase the lifetime capital gains exemption limit to $1.25 million, benefiting small business owners, farmers, and fishers. What's Your Reaction?
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