The capital gains tax is a tax on the very inflation that governments cause
$100 invested in 1984 without any increase in actual value would be worth $266 today, so sold at break+-even, the imaginary but taxable capital gain would be 2/3 x 166, or $111.
Therefore, even if you broke even -- the investment made zero -- you are being taxed on recovering $111 of your own pre-tax invested money.
https://www.inflationtool.com/canadian-dollar/1984-to-present-value?year2=2024&frequency=yearly
Canada Has Gone Woke and It's About to Go Broke...
Not just Climate Alarmism and Gender Nonsense anymore.In a nation once defined by hard work, innovation, and shared prosperity, Canada is sleepwalking into fiscal and social ruin under the banner of performative “reconciliation.” We’ve seen the warning signs globally: companies like Bud Light hemorrhaging $1.4 billion in sales after its ill-fated Dylan Mulvaney campaign alienated core customers; Jaguar’s cringeworthy 2024 rebrand pushing electric cars and “inclusivity” that bombed so hard it was scrapped amid plummeting stock; Harley-Davidson retreating from DEI mandates after backlash from riders who just wanted motorcycles, not lectures. These weren’t isolated fumbles, they were self-inflicted wounds from chasing social justice optics at the expense of reality. Now, Canada is the latest casualty, with “woke” poli...
https://sheldonyakiwchuk.substack.com/p/canada-has-gone-woke-and-its-about
Rebel News is heading to Brazil to expose the UN’s climate hypocrisy!
As 50,000+ bureaucrats, lobbyists and politicians jet into Belém to tell you to “cut back,” we’re sending Sheila Gunn Reid and Kian Simone to show the luxury, the VIP perks — and Canada’s role — that the UN doesn’t want you to see.
https://www.rebelnews.com/rebel_news_is_heading_to_brazil_to_expose_the_uns_climate_hypocrisy
