The Âé¶čAV Chamber of Commerce is pleased over the federal governmentâs decision to postpone a planned increase to the capital gains inclusion rate, saying it provides relief for businesses, investors, and entrepreneurs.
Despite supporting the delay, the Chamber remains opposed to any tax changes that could make Canada a less attractive place to invest.
âThe deferral is a step in the right direction, but the underlying issue remains. Any increase to the capital gains inclusion rate risks driving away investment, limiting economic growth, and stifling innovation,â said Maryse Harvey, Chamber president, in a media release. âIf Canada wants to improve productivity, grow the economy, and strengthen our global trade relationships, we need policies that encourage investment rather than deter it.â
The Chamber is urging the federal government to prioritize a competitive tax and investment environment.
âBusinesses are the backbone of our economy, and they need certainty and incentives to invest, expand,
and compete on a global scale,â added Harvey.
The Chamber says it will continue to advocate for policies that strengthen business competitiveness and support long-term economic prosperity in Âé¶čAV.
