Trudeau says Canadian Seniors live in homes too big for them....

6 months ago
19

Prime Minister Justin Trudeau attended an invite-only June 25 meeting with lobbyists who complained homeowners ‘reaped substantial gains in wealth.’

Trudeau says baby boomers live in ‘oversized homes’ Trudeau says "We're gonna make them pay a little more."

Trudeau defends his controversial wealth tax hike on individuals with capital gains over $250,000.

Capital gains in excess of $250,000 a year will increase to two-thirds from 50%. Canada has never imposed an equity tax on the sale of homesteads that are used as principal residences.

“If Trudeau goes through with this tax, the dream of home ownership will slip even further away from Canadians,” Conservative MPs said in a statement.

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