Latest / The Missing Middle Podcast
Why Canada Will NEVER Tax Your Home Profits
Why are Canadians allowed to sell their homes tax-free while profits from stocks and investments get taxed? And is that policy making Canada’s housing crisis even worse?In this episode of Classonomics Sabrina Maddeaux and Mike Moffatt break down Canada’s capital gains exemption on primary residences, why it exists, why politicians are terrified to touch it, and whether it’s contributing to skyrocketing home prices and inequality between homeowners and renters.They explore the history of the tax exemption, why attempts to change it spark political outrage, how other countries handle housing…
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