WICKS QUINN HOUGHTON GROUP
Canadian inflation, retail sales and the ECB on the docket
In today’s Federal Open Market Committee (FOMC) statement, the US Federal Reserve (the Fed) once again decided to hold the target range for the federal funds rate at 5.25%-5.5%.
In the 2024 federal budget, the Canadian government proposed an increase to the capital gains tax inclusion rate effective June 25, 2024.
Answers to the top questions around changes to the capital gains tax inclusion rate when selling or transferring real estate.
Starting on June 25, 2024, the capital gains inclusion rate will be increased .
The Bank of Canada (BoC) maintained its target for the overnight rate today at 5%.