April 18, 2024

Proposed Changes to Capital Gains – Inclusions rates

The federal budget has proposed increasing the inclusion rate on capital gains from 50% to 66.667%.

The proposal applies to capital gains realized on or after June 25, 2024. There is a $250,000 “safe harbour” for individuals.

Assuming that [1] Québec harmonizes and [2] that RDTOH rates remain the same, the chart below summarizes the impact of the change.

[1]    There will be significant activity. We anticipate that there will be significant structuring activity between now and June 24, 2024 to lock in the existing rate.

[2]    We encourage you to identify clients that may require assistance immediately.



Subscribe to receive our latest news and publications

Your email adress has been added to the list.


3333 Graham Boulevard, Suite 400
Montréal, QC H3R 3L5
(De la Savane Metro station)

Follow us