In this insightful episode of Think Smart with TMFG, financial experts Rob McClelland and Mike Connan examine the recent changes in Canada’s capital gains inclusion rate in detail. They thoroughly debunk media misconceptions and explain how the new capital gains tax would affect Canadian small businesses, investors, and private property owners.
The hosts also voice their concerns about the abrupt nature of the government’s decision—leaving Canadians with little time for proper tax planning, let alone allowing for a smooth transition in property ownership matters. Through their discussion, they decode the misleading government statements and offer a clear understanding of Canada’s new capital gains directive.
Tune in to Think Smart with TMFG to get a comprehensive understanding of these abrupt tax changes, explore potential alternatives, and gain the knowledge needed to navigate this evolving financial landscape responsibly. Remember that with knowledge comes power—the power to make informed decisions about financial planning, especially in light of unexpected governmental changes.
