Canada Capital Gains Tax Changes 2024. The new rate applies to net capital gains exceeding $250,000 per year for individuals and to all net gains realized by corporations and most types of trusts. The federal government’s 2024 budget proposes changes to how capital gains are taxed, which could see the wealthiest canadians pay up a bigger share of their returns.
Read on to find out how these changes might affect you. What does this mean for investors and taxpayers?