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Capital gains tax changes about ‘intergenerational fairness,’ Trudeau says as opposition grows

OTTAWA — One week after tabling the latest federal budget, Prime Minister Justin Trudeau remained on the defensive while responding to increasing opposition from business and industry groups against proposed changes to capital gains taxation.

Speaking to reporters during a budget promo tour stop in Saskatoon, Sask., Trudeau was repeatedly asked to respond to critiques of the key point of contention in last week’s budget: the increased capital gains tax inclusion rate.

h/t DS

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