Trudeau Touts Capital Gains Tax Increase as Intergenerational Economic Fairness

Trudeau Touts Capital Gains Tax Increase as Intergenerational Economic Fairness
Prime Minister Justin Trudeau speaks at a housing announcement in Guelph, Ontario on Jan. 12, 2024.The Canadian Press/Frank Gunn
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Prime Minister Justin Trudeau touted his budgetary plan to increase capital gain taxes while addressing his caucus April 17, saying the system is unfair to younger adults.

Generation Z and Millennials “are the engine of our economy” the Liberal leader told his colleagues, adding that “everything that is created, built, served, and sold in this country is increasingly being created, built, served, and sold by Millennials and Gen Z.”