Kim Furlong: Capital gains tax hike signals Canada's lack of business ambition

National Post

Lean Right

High Factuality

Individual: Leon Cooperman

Corporation: Allianz

Kim Furlong: Capital gains tax hike signals Canada's lack of business ambition

The decision of the Trudeau government to raise capital gains taxes will impact the economy negatively. For a government that says it is committed to improving economic growth, fostering innovation, improving productivity and creating jobs, this decision might just be the single most damaging policy change for Canadian entrepreneurs, stunting economic growth for generations.