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20 Apr 2024

Do wealthy Canadians pay enough taxes? That depends how we define ‘fair share’

Author: admintech | Filed under: Finance/ Money
The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021

The federal government announced an increase in capital gains taxes as a way to ensure the wealthiest Canadian pay their fair share. But how exactly do we determine what a “fair share” is? Especially if, as some data suggests, the wealthiest are already paying a larger share of the overall income tax burden.