Capital Gains Inclusion Rate is Increasing - $250,000 Threshold

This video on The New Capital Gains Inclusion Rate serves as a critical guide for investors, financial advisors, and anyone interested in understanding the recent changes to capital gains taxation. This detailed video provides an in-depth analysis of the updated capital gains inclusion rates, exploring the implications for both short-term and long-term investment strategies. .
The video also addresses the practical implications of the new capital gains inclusion rates for individual investors. It covers scenarios such as selling an investment property or stocks, showing how the new rates would affect the taxes owed in different situations. This section is particularly valuable as it translates the tax changes into real-world consequences for personal finances.
Additionally, the video illustrates the impact to small business owners and incorporated professionals. The Capital GainsInclusion Rate for business owners will increase the taxation to withdrawal money from corporations.
To ensure that viewers can apply this information, the video provides actionable steps they can take to review and adjust their investment portfolios in light of these changes. It encourages viewers to consult with financial advisors to personalize their investment strategies according to the new tax rules.
The New Capital Gains Inclusion Rate video is a comprehensive resource that equips viewers with the knowledge and tools needed to adapt to and benefit from the changes in capital gains taxation. Whether you are a seasoned investor or just starting out, this video ensures you have the information necessary to make informed financial decisions in a shifting tax environment.
𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗪𝗮𝘁𝗰𝗵:
This video is not just for economists or financial experts; it’s for anyone concerned about their financial well-being in the coming years. If you're looking for ways to safeguard your investments, plan for retirement, or understand the economic indicators that could impact your future, this video is your go-to resource.
By the end of this discussion, you’ll have a clearer understanding of the driving forces behind rising interest rates, market volatility, CPP / OAS, Retirement planning and the tools you'll need for protecting your assets and ensuring a secure financial future.
Don't leave your financial future to chance. Equip yourself with the knowledge you need and consider getting professional advice to navigate these uncertain times. Subscribe for more insights and actionable tips.
Disclaimer: This video is for informational purposes only and should not be considered as financial advice.
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[@navmehta895]

the whole life insurance is meant to replace fixed income. by that you mean bonds and such I assume. how does that help with the other stock investments that still generate capital gains? there is no specific strategy to address taxes on those securities only is there?

[@AaronWealthManagement]

We compare fixed income returns to whole life insurance because fixed income is taxed at your Marginal tax rate and the return is comparable to whole life insurance cash value growth. If your goal is to replace tax loss then it doesn’t really matter the source of the income is your being taxed on but simply a death benefit to reduce or replace the tax loss

[@angelique935]

It's nice to see the Holy Zohar in the background! Bravo 🙏 Great video. Subscribed. Tu.

[@mikechr88]

00:04:05 you state "you are going to pay $491,850, it's nearly a $100k bill tor you." This is incorrect..that is the taxable amount, not the amount you have to pay. At 50% tax rate, you would pay $245,925 of actual tax, an increase of only $46k from previous inclusion rate.

[@AaronWealthManagement]

Yes, the Capital gain is multiplied by your personal tax rate. My point was to illustrate the result of the change to the Capital Gain Inclusion Rate would be approximately $100K higher than the current rate.

[@waffles1ca]

Great video, excellent explanation, this dispels misinformation.

[@maryellis1228]

I'm glad i found you Thank you so much ps. can i use my capitol loss 421k from stocks to offset a capital gain 236k if i sell my 2nd house? i live in Canada

[@sharky6128]

But you are paying monthly interest on the line of credit.😮 yes the insurance will pay off the loan but you pay the monthly interest 🤔

[@AaronWealthManagement]

You don't have to pay the interest. You can allow the interest to accrue and then let the death benefit pay off the loan at your passing. You would only want to pay the interest if you invested the loan proceeds in that way the loan becomes tax deductible.

[@murraytown4]

Maybe someone who owns a cottage in addition to their principal residence should explain to someone who rents and relies on food banks why they are so hard done by with the inclusion rate increase.

[@dbearisto]

Maybe that’s not the point of this video? Doesn’t affect me either as I don’t own a cottage but it is very useful info.

[@relaxgood5214]

@@odourboyAsk a pensioner that has an income of 31,000 dollars if he or she cares.

[@relaxgood5214]

@@odourboy I like taking hikes but I only do when I want to. I bet you felt very powerful when writing that.

[@robertk5441]

I own a cottage and have investments in my corporate account. The tax increase is hard on me. I worked hard all my life, saved and invested money, which is not without risk. I am retired now. I have to pay more tax because of the federal government irresponsible spending and budget deficits. No, I should not explain anything to you. And I couldn't care less about your rent problems. You deal with your problems, and I deal with mine. As a low income renter, you are getting free dental care now. You should thank me for this, bc I am paying for it. You should explain to me, why.

[@murraytown4]

@@robertk5441 I don’t rent nor do I go to food banks. I’ve a better than average workplace pension and do fine. But many don’t. Spare a thought for them. Selfishness is a bad look.

[@gimusk5667]

Canada is demonstrating why its becoming less and less of a place to invest

[@waffles1ca]

In the 1980s we had an inclusion rate of 75%, in the 1990s we had an inclusion rate of 100% and yet the economy has grown substantially over the last 4 decades. While there may be better palaces to invest Canada has been a good place for me to invest and bonus I also get to live here.

[@rossjackson2929]

Be lucky that you have the means to invest.