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Market
How will the Canadian stock market react to the capital gains tax announcement by end of June 2024?
5
Resolution / Starting Odds
Increase by 1% or more • 33%
Decrease by 1% or more • 33%
Little or no change • 34%
Stock market indices performance data from credible financial market sources
Story
Freeland Warns of Dark Future, Announces Capital Gains Tax Changes with Vote This Week
Jun 9, 2024, 08:18 PM
Finance Minister Chrystia Freeland is set to initiate the legislative process for changes to the capital gains tax next week. The announcement will be made during a speech in Toronto on Sunday. The Liberal government, led by Prime Minister Justin Trudeau, plans to introduce a proposal to increase the capital gains tax inclusion rate in the House of Commons on Monday. This move, described as controversial, aims to improve tax fairness and support investments in housing, affordability, and economic growth. Freeland has warned of a dark future in Canada without the looming tax hike. A vote on the proposal is expected to take place this week.
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Positive impact • 33%
Negative impact • 33%
No significant impact • 34%
Increase in Investment • 25%
Decrease in Investment • 25%
No Significant Change • 25%
Volatility • 25%
Increase • 33%
Decrease • 33%
No significant change • 34%
Significant Increase • 25%
Moderate Increase • 25%
No Change • 25%
Decrease • 25%
Significant Increase • 33%
No Change • 33%
Decrease • 33%
Increase over 20% • 25%
Increase 10-20% • 25%
Increase 0-10% • 25%
No change or decrease • 25%
Below 1.35 • 25%
Between 1.35 and 1.40 • 25%
Between 1.40 and 1.45 • 25%
Above 1.45 • 25%
Market stability • 50%
Market volatility • 50%
Most will report losses • 33%
Most will report profits despite hike • 33%
Financial performance will be mixed • 34%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
Significant positive impact • 33%
No significant impact • 34%
Significant negative impact • 33%