North American Financial 15 Split Corp T.FFN

Troubling Budget Headlines

[AnEducator]

Capital Gains taxes are set to increase for certain individuals and companies. I'm not fully versed on the details, but this is certainly not encouraging for Canadian markets.

Thanks to CDNINV1 again for posting the updated NAV.

[CDNINV1]

POSTED ON CANADA .CA Budget 2024 proposes an increase in taxes on capital gains on the wealthiest 0.13 per cent. To make Canada's system more fair, the inclusion rate—the portion of capital gains on which tax is paid—for capital gains for individuals with more than $250,000 in capital gains in a year will increase from one-half to two-thirds. Individuals will continue to only pay

[CDNINV1]

The actual websit location for easy access is  https://www.canada.ca/en/department-finance/news/2024/04/tax-fairness-for-every-generation.html

[AnEducator]

The changes will affect a tiny minority of wealthy individuals and companies. Doesn't seem to be much to worry about.