Election 2021: Where the parties stand on financial issues
Here’s what's been proposed for financial institutions, taxes, housing and more
Top Stories in Tax
NDP capital gains tax proposal would raise $45B over 5 years: PBO
The party pledged to increase the capital gains inclusion rate to 75%
- By: Rudy Mezzetta
- September 13, 2021 September 13, 2021
- 13:53
Democrats seek corporate, wealthy tax hikes for $3.5T plan
The proposed top tax rate would revert to 39.6% on couples earning more than $450,000
- By: Hope Yen and Lisa Mascaro, The Associated Press
- September 13, 2021 September 13, 2021
- 13:33
Tory pledge to expand DTC eligibility would cost $177M over five years
Promise to extend sickness benefits would cost $4B over the same time period
- By: Rudy Mezzetta
- September 10, 2021 September 13, 2021
- 14:57
NDP’s proposed wealth tax would generate $60 billion over five years: PBO
The party has pledged a 1% tax on those with over $10 million in wealth
- By: Daniel Calabretta
- September 8, 2021 September 13, 2021
- 10:39
Greens would tax financial transactions, close capital gains “loopholes”
The party would also cap the small business tax rate at 9% but raise the corporate tax rate to 21%
- By: Melissa Shin
- September 7, 2021 September 7, 2021
- 18:03
Help your client avoid losing GRE status
Contributions and loans to a graduated rate estate can have tax consequences
- By: Keith Masterman
- September 7, 2021 September 7, 2021
- 14:06
Liberals propose 15% minimum tax on highest earners
The party platform also calls for a new financial sector ombudsperson with binding arbitration power
- By: Mark Burgess
- September 1, 2021 September 1, 2021
- 13:01
Repay RDSP grants and bonds to eligible people, demand advocates
People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds
- By: Rudy Mezzetta
- August 30, 2021 August 30, 2021
- 11:26
Liberals pledge to raise GIS
A qualifying senior couple would receive $750 more per year
- By: Melissa Shin
- August 27, 2021 August 27, 2021
- 10:58
Liberals target banks, insurers with tax hike on profits over $1 billion
Big financial institutions would also have to pay a pandemic recovery dividend
- By: Mark Burgess
- August 25, 2021 September 20, 2021
- 15:18
Conservatives call for transparency in investment management fees
The party's election platform also contains various tax proposals and targets an "overly aggressive" CRA
- By: Mark Burgess
- August 16, 2021 August 16, 2021
- 15:39
Fate of unfulfilled 2021 budget proposals uncertain with election underway
Certain measures from the 2019 election, such as a luxury tax, are sure to resurface in this campaign
- By: Mark Burgess
- August 16, 2021 August 16, 2021
- 13:21
NDP pledges to raise top marginal tax rate, capital gains inclusion rate
The corporate tax rate would also go to 18%
- By: Melissa Shin, with files from Canadian Press
- August 12, 2021 August 12, 2021
- 14:36
Feds launch public consultations on new luxury tax
The tax on expensive vehicles was part of the Liberals' 2019 election platform
- August 11, 2021 August 11, 2021
- 12:21
Feds launch consultations on increasing charities’ disbursement quotas
Finance is seeking comments about raising the rate and giving the CRA better enforcement tools
- By: Rudy Mezzetta
- August 9, 2021 August 9, 2021
- 12:11
Potential tax implications from renting a principal residence
A change in use could result in a deemed disposition
- By: Vivek Bansal
- July 22, 2021 July 22, 2021
- 14:16
Don’t let real estate add to relationship woes
Consider the tax consequences before transferring property after a separation
- By: Wilmot George
- July 19, 2021 July 19, 2021
- 14:00
Estate experts seek resolution on beneficiary designation issue
Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes
- By: Rudy Mezzetta
- July 13, 2021 July 13, 2021
- 11:52