A friend of mine bought property on Christina Lake 40 years ago for $30k. Today itβs worth $1.2 million. Heβll have to pay capital gains tax on $900k in profit. Thereβs about 100 other people in this town that did the same thing. None of them are βultra wealthyβ. Youβre a thief.
By making changes to the capital gains tax, weβre asking the ultra-wealthy to pay a little more, so that we can make historic investments in housing, pharmacare, dental care, and a National School Food Program.
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. The Liberals are spinning this as an ultra wealthy vs everybody debate to cloud their overspending and our productivity decline which should be the real debate. And talk to these parents about the change.