2min chapter

The Big Story cover image

Breaking down the capital gains tax fight

The Big Story

CHAPTER

Impact of Capital Gains Tax Change on Doctors' Retirement Savings

The chapter delves into the Canadian Medical Association's strong resistance to an increase in the capital gains tax, which could significantly impact doctors' retirement savings and potentially lead to their migration to other countries. Solutions such as transitioning to a registered pension plan are proposed, despite the challenges of altering long-standing investment approaches.

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