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
Ottawa Funded the China Ferry Deal—Then Pretended to Oppose It
While Beijing-backed hackers infiltrated Canadian telecoms, federal and B.C. leaders quietly financed a billion-dollar shipbuilding deal with a Chinese state firm—then tried to pass the buck.
https://theoppositionnewsnetwork.substack.com/p/ottawa-funded-the-china-ferry-dealthen
Some of these things I still miss
I grew up without safe spaces.
I grew up without trigger warnings.
I drank water from the hose.
I ate peanuts in class.
None of us wore a helmet.
Kids got hurt. We fell down. And we signed a lot of casts.
We couldn’t pause TV. We’d call out “It’s on!” as soon as the commercials started to end (for those who had left the room). And we watched our favourite shows as a family.
There was no next day delivery.
There was no bundle this with that.
There was no internet. Skip the Dishes didn’t exist.
Fast food was not the norm. It was easier to eat healthy. There were home phones. There was VH.........
