RE:RE:RE:RE:RE:RE:RE:RE:Ridge We won't know until the next budget in March 2021. All speculation for now
but I would expect some pain.
I can only rely on what my accounting frim tells me. One thing my accountant mentioned as speculation and being a senior is that the OAS and CPP could be viewed as a potentiall source of revenue for people who earn the maximum amount allowable or have high net worth. They could focus on high net worth individuals and reduce their pensions. Ticks me off, I was self employed my pension is my savings and I earned all my governmental pensions the hard way.
Just the thought of Feds thinking about areas to generate tax revenue is a concern thanks to Covid. One reason I hope TFSA stay and they don't change that. Likely it stays given the amount of business failures and job losses in Canada. Who can save today unless your employed and disciplined savor. Not many unless your name is Keven O'leary
As for Capitol Gains Tax you can bet the Feds will look a that. Someon has to pay for the mess we are in.