Two sectors were responsible for the majority of corporate capital gains earned in Canada over five years but added no new jobs over that time span, a new study found.<\/p>\n
The Centre for Future Work and l’Institut de recherche et d\u2019informations socio\u00e9conomiques, two progressive policy thinktanks, published a report that delves into the companies and individuals that earn capital gains in Canada.<\/p>\n
The analysis comes after a heated debate in the country over the Liberals’ decision to increase the inclusion rate on capital gains<\/a>, which are profits made on the sale of assets.<\/p>\n
Meanwhile, these sectors shed nearly 5,000 jobs during that time period.<\/p>\n
On June 25, the Liberals made two-thirds of capital gains taxable, up from one-half.<\/p>\n