Everybody’s talking about Finance Minister Chrystia Freeland’s bizarre Sunday attempt to justify the inbound Liberal capital gains tax hike, which was first announced in April and which goes into effect June 25. Although maybe a better verb than “announced” would be “sprung.” The increase in the income inclusion rate on the tax looks an awful lot, as analysts have pointed out, like a last-minute and desperate attempt to artificially boost the federal government’s woeful fiscal condition.
