By Amit Ummat and Alisha Butani ( September 16, 2024, 3:31 PM EDT) -- In the Federal Budget, released on April 16, 2024, the government of Canada proposed increasing the capital gains inclusion rate. For corporations and trusts, the rate was proposed to increase from 50 per cent to 66.67 per cent. And similarly, for individuals, the rate on capital gains realized in a year exceeding $250,000 was proposed to increase from 50 per cent to 66.67 per cent. On June 10, the Department of Finance released draft legislation (June proposal) to implement these changes commencing on and after June 25....