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In 2020 the COVID-19 pandemic forced governments across the world, including Canada, to spend billions of dollars to support struggling citizens and businesses.
"Many have been asking the question, how is the government going to pay for all this? What potential tax changes could we see in the months and even years ahead?" says CIBC tax expert Jamie Golombek. Jamie looks at four areas that may see changes:
- Capital gains inclusion rate
- Principal residence exemption
- Personal income taxes
- Wealth or inheritance tax
We encourage you to take a listen (4:10 min).
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Very best regards,
The Smith Falconer Financial Group
CIBC Wood Gundy
Lois, Rodney, Lira, Meredith and Angela
Smith Falconer Financial Group
CIBC Private Wealth Management consists of services provided by CIBC and certain of its subsidiaries, including CIBC Wood Gundy, a division of CIBC World Markets Inc. "CIBC Private Wealth Management" is a registered trademark of CIBC, used under license. "Wood Gundy" is a registered trademark of CIBC World Markets Inc.
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