Canada Capital Gains Tax Changes 2024. In the 2024 budget, the federal government hiked the capital gains inclusion rate to 67.5% for capital gains above $250,000. The proposed changes with respect to foreign affiliates and the computation of hybrid surplus were previously described in a backgrounder released with the june proposals.
As of june 25, 2024, the federal government changed canada’s capital gains inclusion rates. Canada’s deputy prime minister and finance minister chrystia freeland delivered canada’s 2024 federal budget on april 16, 2024.