Federal budget 2024―and you thought there would be nothing?!
- Manulife Investment Management
- May 8, 2024
- 1 min read
Updated: Oct 30, 2024
After years of speculation, this was finally the budget in which the capital gains inclusion rate was increased. The budget included some relief to higher capital gains taxes through an increased lifetime capital gains exemption (LCGE), sales of business to employee ownership trusts (EOT), and the introduction of the Canadian Entrepreneurs’ Incentive (CEI). Read on...
