The Canadian Government’s proposed increase to the capital gains inclusion rate has been a hot topic of debate, affecting investors, entrepreneurs and the broader economy. Initially announced in April 2024 as part of the federal budget, the plan aimed to increase the inclusion rate—the taxable portion of capital gains—from 50% to 67%. This change, set to take effect on June 25, 2024, was expected to generate approximately C$19.4 billion over the subsequent five years, helping fund affordable housing initiatives and reduce the national budget deficit.

However, after significant opposition from businesses, industry leaders and political figures, the Government announced on January 31, 2025, that the implementation of the increase would be deferred until at least January 1, 2026. This decision left many Canadians questioning the future of capital gains taxation and its impact on investment decisions.

Alberta Premier Danielle Smith says her government is making major changes to auto insurance, including allowing rate hikes and switching to a predominantly no-fault claims model.

Under the new system, car accident victims in most cases won’t be able to sue the party responsible for their injury and, instead, insurers would pay compensation at rates set by the government.

The province said it commissioned two auto insurance reports, which showed that legal fees and legal costs tied to the current system significantly increase premiums. The province added collision-related lawsuits have nearly doubled in Alberta between 2018 and 2022.

By cutting down litigation costs, the government estimates that when the new system is in place in January 2027, it could lead to savings of up to $400 per year for the average insurance premium.

Alberta could be switching to a no-fault auto insurance system. The CBC's Travis McEwan & Jackie Halpern from McLeod Law LLP explain what it is — and what it could mean for the province's drivers.

Watch it here