Canada's Prime Minister announced on 21 March 2025 that the government will cancel the proposed increase in the capital gains inclusion rate. This includes an increase in the inclusion rate from one-half to two-thirds on annual capital gains above CAD 250,000 realized by individuals and on all capital gains realized by corporations and most types of trusts. It was previously announced that the increase in the inclusion rate would be deferred from 25 June 2024 to 1 January 2026. --- Prime Minister Carney cancels proposed capital gains tax increase Today, Prime Minister Carney announced that the Government of Canada will...