Trudeau Resigns! Capital gain change dead?!

[@RealEstateTaxTips]

P.S. Will you be paying more taxes due to the new laws imposed by the Federal Government and CRA? Attend my FREE live webinar on the income tax updates, happening on Jan 14th, at 8 PM EST to find out! Register now: www.therealestateaccountants.ca/update-yt

[@bobsmithers]

Best part of the video - 'Good Luck Investing in Canada"! We certainly need that! Always changing the rules as you go!

[@mdaroza]

If this doesn’t get passed into law, and the CRA overtaxed, they should owe us back interest for the overcharge. Another way for the government to waste money.

[@uneetudiant]

Nothing in the gov has been pasted into law so far.

[@Topaz2022]

Changing the rules is one thing!! Taking advantage of a situation by moving the goal posts is another!

[@980ssbbearcat2]

I am preparing to get my dental done before that benefit will be disappeared too.

[@maryma5044]

Cheryl, hank you for this clip, very important, many people concern about the direction as of 2/3 capital gain taxes. I personally suggest people not to file the 2/3 capital gain, as there is a chance not to pass the bill by the new party.

[@AbdulET3]

Like she said in the video, you can be aggressive and take that approach but be prepared to pay interest if it does pass into legislation.

[@travisholte3241]

This includes the corp capital gains right

[@ポール-k7f]

The only decent thing for the Liberals to do is to release a statement saying they will not pursue this legislation so that the confusion is removed. So much time is going to be wasted on reassessing tax returns for whomever guesses wrong at this point.

[@Jontellis]

Hello Cherry! 🔥

[@balexandras]

Yay Oakville, Ontario...now on to watch your video re 2024/2025 capital gains etc.

[@SPLToronto]

If it doesn't pass and it gets canceled. Do people who already made the payment get a refund?

[@AbdulET3]

If they overpaid based on the increased rate, yes.

[@uneetudiant]

He gave the allusion he is resigning , the same hr he told the world about resigning ,he told the Attorney General to shut parliament down till March 30 , which means nobody can do anything till then ,in mid March he will do another shut down ( part of the game) he already announce only a member of his party is allowed to take a seat for PM ,but has to wait till June ,in the mean time he fleece the finance minster of 100's of millions and line the pockets of his colleagues and family business in parliament. Enjoy the show, the man behind the curtain is taking a break till the next play starts.Cheers

[@bobsmithers]

Canada screwed for another year! +

[@bagel080]

Correct, essentially a dictatorship now!! JT can do anything without any scrutiny.

[@adrianvisentin534]

The new Liberal leader can conspire with the NDP to pass this. So the NDP/Liberal coalition could theoretically continue and stop an election till the fall.

[@bagel080]

Correct essentially a dictatorship now!! Fall will bring emergency Marshall law?

[@coyote9254]

🎉

[@jimwhite1756]

Stop teasing...fingers crossed

[@pickle5475]

Canada has lost its identity as a country. We do not know where we are from and where we are going. Multiculturalism has destroyed the European ancestry that we had and for which we were admired. It hurts.

[@therealimalush]

How does multiculturalism destroy your ancestry if you stick with your own kind?

[@ernstfischer8976]

Glad he resigned. Best day in 10 years. Our dollar keeps dropping, government debts out of control. What happed to our country? Trudeau happened . 🤢

[@ChrisMCP2]

Capital gains at 50 is dead. Let me fix it for you. With 19 in the US, forget about 50.