Capital Gains & Alternative Minimum Tax
Business Insights
“The capital gains changes have reduced the value of taking risk, and consequently decreased investor risk appetite, with many disposing of assets before the changes were implemented.”
David LeClaire, President and Founder, Oberon Capital
“The general public was quite passionate about the capital gains increase when it was announced, and people will be looking for this information in the platform documents from all of the political parties.”
Kendra Johnston, Managing Director, PearTree Securities
“In the 2024 Budget delivered in April, it was announced that the capital gains inclusion rate was set to increase at the end of June. This significantly accelerated deal flow as the impact on FTS capital raises was unknown.”
Lisa Davis, CEO, PearTree Securities
“A key focus of PDAC's advocacy is expanding the eligibility and improving the tax treatment of flow-through shares (FTS) to attract more private investment in early-stage exploration projects.”