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General Category => America and australia => Canada => Topic started by: John on April 17, 2024, 08:02:01 PM

Title: Capital gains increase stifles innovation, Canadian tech firm Shopify?s leaders say
Post by: John on April 17, 2024, 08:02:01 PM
Capital gains increase stifles innovation, Canadian tech firm Shopify?s leaders say

Top leaders at Canadian e-commerce company Shopify have ripped the federal government’s plan to increase the capital gains tax rate, arguing it will have an anti-innovation effect. On Tuesday, the governing Liberals announced in the 2024 federal budget that the rate on capital gains would increase from 50% to 66% for people making $250,000 or […]
Source: Capital gains increase stifles innovation, Canadian tech firm Shopify?s leaders say (https://torontosun.com/business/money-news/capital-gains-increase-stifles-innovation-canadian-tech-firm-shopifys-leaders-say)
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