OTTAWA — A motion increasing the proportion of capital gains that are taxed in Canada easily passed the House of Commons Tuesday, as the governing Liberals and Conservatives traded barbs about whether it will harm the middle class or make the country’s wealthy pay more.
The NDP, Bloc Québécois and Greens voted with the Liberals in favour of the motion while the Conservatives voted against, moving it past the finish line with the tax adjustment now set to take effect June 25.
Finance Minister Chrystia Freeland looked extremely pleased as she gathered her belongings in the House of Commons after the vote. The measure was a key part of
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