The Capital Gains Rollback: A Loophole for the Elite
Filed August 23, 2026
Photo: Ank Kumar, Own work · CC BY-SA 4.0 · source
One of Mark Carney’s first major economic moves upon taking office was to cancel a proposed 2024 budget measure that would have increased the capital gains inclusion rate from 50% to 66.67%. Unsurprisingly, Bay Street and business lobbies cheered the move.
