This is The Week in Polling, your Saturday dose of interesting numbers from top pollsters in Canada and around the world, curated by The Hub. Here’s what we’re looking at this week.
One in five Canadians say increasing the capital gains inclusion rate will cost them more over the next five years, contrary to government estimates
Next Tuesday, Canadians will see an increase in the capital gains inclusion rate. The inclusion rate will rise from 50 to 67 percent on any gains realized above $250,000 annually for individuals.
The Trudeau government estimates that a mere 0.13 percent of Canadians will be affected by the tax change this year. However, one in five Canadians beg to differ, saying that it will cost them at least a little more within the next five years. According to this Angus Reid poll, Canadians who say they will be paying more in tax because of the increase are from all incomes and political affiliations, though upper-middle to upper-class Conservative Party voters indicate that they will be hit the hardest.
Defending the increase, Deputy Prime Minister and Finance Minister Chrystia Freeland said, “It is fair to ask those who are doing really well to contribute a little bit more.”
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