$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
The Liberals must stop growing the public service and instead find ways to boost the economy
(Really, get off our backs and get out of the way. That's all it would take)
https://nationalpost.com/opinion/fire-the-bureaucrats