Canada's federal government announced that it intends to introduce legislation to defer — from 25 June 2024 to 1 January 2026 — the date on which the proposed capital gains inclusion rate will increase from one-half to two-thirds on (1) capital gains exceeding CA$250k annually for individuals and (2) all capital gains realized by corporations and most types of trusts.The Canada Revenue Agency also announced that it has reverted to administering the currently enacted one-half capital gains inclusion rate.This Tax Alert summarizes the information released to date and highlights certain issues stemming from the government's deferral decision. Executive summaryOn 31 January...