Federal Budget 2024 Capital Gain. After decades of discussion, it finally happened: On tuesday, finance minister chrystia freeland tabled the federal government’s 2024 budget which included changes to capital gains taxes.

The budget contains several measures affecting individuals and corporations, including an increase in the capital gains. The budget proposes to increase the capital gains inclusion rate from 50 percent to 66.67 percent for corporations and trusts, and from 50 percent to 66.67 percent on the portion of capital gains realized in the year that exceed $250,000 for.