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Canada delays implementation of capital gains tax increase

Finance minister addresses rate hike confusion by deferring rise until 2026
A Canadian election is set to take place before Oct. 25, 2025. (Getty Images)
A Canadian election is set to take place before Oct. 25, 2025. (Getty Images)
CoStar News
January 31, 2025 | 8:08 P.M.

Confusion surrounding Canada’s capital gains tax increase is now settled until at least next year, as federal Finance Minister Dominic LeBlanc said the higher rate would not take effect until Jan. 1.

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