After much debate on this issue, the Minister responsible for CMHC and Federal Housing Policy clarified that the government has no plans on increasing capital gains tax on principal homes.
Watch the video here:
It is rare for a Minister to comment on any tax measures before a budget. Today the Minister responsible for CMHC and Federal Housing Policy addressed this issue directly. There will be no new tax on primary residences: pic.twitter.com/t9yMlBSU2B
— Adam Vaughan MP (@TOAdamVaughan) March 26, 2021
