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Canadian PM Mark Carney reverses capital gains tax hike to promote small business

IndiaTimes Saturday, 22 March 2025 ()
Canadian Prime Minister Mark Carney has scrapped a proposed capital gains tax hike to boost investment and support small businesses. This decision reverses a major element of the 2024 federal budget. The government will still increase the lifetime capital gains exemption limit to $1.25 million, benefiting small business owners, farmers, and fishers.
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Video Credit: Oneindia - Published
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