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Wednesday, 04/17/2024 10:09:00 AM

Wednesday, April 17, 2024 10:09:00 AM

Post# of 13882
Wow. I’m glad I put those shares in my TFSA, My government just decided to increase the inclusion rate percentage for our capital gains tax. We are no longer at 50 %. They just raised it to 75%. That will also include sales of real estate etc. So all secondary property owners will be hit hard. I heard this possibly was coming down the pipe . But still. That’s crazy. So glad I loaded my TFSAs, Yes , I still get hit with the one time income tax hit, but all future subsequent investment is tax free. Not bad. Not good. But not too bad. Hula Hula Cuckoo Penny

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