REVERSAL: Trudeau Government Continues Surrender On Widely-Hated Tax Changes

The Trudeau government continues their desperate surrender on their widely-hated tax changes. The government has announced that they will scrap their plan to impose restrictions on the conversion of income into capital gains. The policy was massively opposed by many, including family farmers, as it would have made it far tougher to transfer the business to the next generation.

The reversal comes after the government said they would also cut back on tougher policies on passive investment income.

Share