For specific details about the changes that took effect in June 2024
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Canada’s new capital gains tax rules that took effect in June 2024 are part of the changes introduced in the April 2024 Federal Budget. Capital gains tax (CGT) is typically applied to the profit from selling certain assets, such as rental properties, stocks, or other investments. The key changes included the tax rates, exemptions, and rules surrounding how gains are calculated and taxed.
