Comment by
vwbusman on Jun 20, 2024 8:14am
Hi has sold over $31.3 million worth of shares over the last two weeks! Nice going Libs - good policy!
Comment by
JohnSP on Jun 20, 2024 12:27pm
Yep Canadian Federal Capital Gains inclusion rate change is resulting in a windfall of revenue in Q2, but is pulling the revenue from the future. Good article here: https://www.bnnbloomberg.ca/feds-decision-to-delay-capital-gains-tax-changes-a-ponzi-scheme-wiseman-1.2083287
Comment by
Quintessential1 on Jun 21, 2024 8:56am
Well they kind of had to get the revenue now as there is no future for them otherwise. There probably isn't any future for them anyway having incensed just about all of the voters out there including their own base but at least with this scheme they still have a chance to buy votes with the revenue generated before the next election. GLTA