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What You Need to Know About the Capital Gains Tax

2024/5/14
logo of podcast Fight Back with Libby Znaimer

Fight Back with Libby Znaimer

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RECOVERING POLITICIANS PANEL: PM TRUDEAU'S CAPITAL GAINS TAX EXPLAINER VIDEO FACES BACKLASH

Libby is joined by George Smitherman, a former Ontario Liberal Health minister and Deputy Premier, Cheri DiNovo,  a former NDP MPP and Lisa Raitt, a former Deputy Leader of the federal Conservatives.

We kick the discussion off about new penalties from Queen's Park for auto theft - will they do any good? And, the latest on the Mississauga mayoral race and Prime Minister Trudeau's video explainer on the capital gains tax.

MORE ON THE CAPITAL GAINS TAX: MORE ON THE CAPITAL GAINS TAX: IMPACT ON COTTAGES AND DOCTORS

Libby is now joined by Kim Moody, an FCPA and the founder of Moodys Tax/Moodys Private Client, and a former chair of the Canadian Tax Foundation as well as Birute Luksenaite, principal lawyer at Toronto-based Portfolio Estate State Law.

It’s true the capital gains increase will affect very rich people but also a specific segment of the middle class - people who have family cottages that they have owned for a long time that they would like to keep in the family - that is a situation that can spark a lot of family strife and this makes it more complicated.

EVICTIONS IN LONG TERM CARE: WHAT LEGAL RIGHTS TO RESIDENTS HAVE?

Libby is now joined by Joyce Dodge, a  92 years old resident of Chartwell Heritage Glen Retirement Residence who received an eviction notice on March 19 and Graham Webb, Executive Director of ACE.

What rights do tenants of retirement homes face if they face eviction notices from the company that owns it? We look to a case in Mississauga taking place now. Listen live, weekdays from noon to 1, on Zoomer Radio!