Finance minister doesn’t rule out future changes to capital gains taxes
Ottawa made no changes in the federal budget to the way capital gains are taxed, but Finance Minister Bill Morneau isn’t completely ruling out changes in the future.
When asked about possible changes to the way profits from selling off personal assets are taxed in the future, Morneau left the door open Thursday.
“We decided not to put that in our budget,” Morneau said when asked about the chances of future changes.
The minister refused to speak about what he would do in the future. But late Thursday several hours after his interview with the Canadian Press, he sought to explain why he could not put to rest the rumours that have swirled for weeks.