capital gains tax Archives - Mortgage Rates & Mortgage Broker News in Canada

Federal government delays capital gains tax increase until 2026

January 31, 2025 No Comments

The federal government announced today it will defer the implementation of its planned increase to the capital gains inclusion rate, pushing back the originally scheduled date from June 25, 2024, to January 1, 2026.

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth

January 16, 2025 No Comments

A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Capital gains tax hike could cost 414,000 jobs and slash GDP, economist warns

October 23, 2024 No Comments

Alarming new testimony warns that Canada’s recent increase to the capital gains inclusion rate could lead to the loss of more than 414,000 jobs and a massive $90 billion hit to the country’s economy.

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes

July 12, 2024 No Comments

Home sales activity in June 2024 showed signs of renewed life following the Bank of Canada’s interest rate cut at the beginning of the month.

RBC Says Policy Response Needed to Tackle Soaring House Prices

March 25, 2021 No Comments

Watching Canada’s national average home price rise resiliently throughout the pandemic has been reassuring for many over the past year. But as prices continue to

Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales

March 23, 2021 1 Comment

The Globe and Mail‘s Editorial Board tread into controversial territory recently by saying Canada’s “bonkers” housing market is making the case for taxing capital gains

capital gains tax