Have you ever wondered how changes in tax laws could impact your financial future?

In this episode, we dive deep into the recent changes to the capital gains inclusion rate introduced in Canada’s 2024 federal budget. This significant policy shift affects Canadian investors, particularly those with substantial capital gains. You'll learn about the new tax rules, their implications for different types of taxpayers, and strategies to navigate these changes effectively.

By tuning in, you'll gain valuable insights into how to manage your investments, plan your taxes, and make informed financial decisions in this new tax landscape.

Episode Highlights:

• Overview of the Capital Gains Inclusion Rate Increase
• Impact on Different Taxpayers
• Potential Effects on Middle-Class Earners,
• Detailed Breakdown of the New Tax Rules,
• Investment Portfolio Strategies,
• Tax Planning and Professional Guidance
• Diversification and Alternative Investments
• Diversification and Alternative Investments
• Implications for Estate Planning
• Cautions Against Hasty Financial Decisions

Stay Connected with Smart Wealth Podcast Hosts:

Brett Cranson: www.linkedin.com/in/brettcranson/

Omari Whyte: www.linkedin.com/in/omari-whyte/

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

brett.cranson@ipcsecurities.com

omari.whyte@familyfirstadvisors.ca

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.