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Kelowna Chamber cheers capital gains deferral

'The deferral is a step in the right direction, but the underlying issue remains'
maryse-harvey
Kelowna Chamber of Commerce President Maryse Harvey.

The Kelowna Chamber of Commerce is pleased over the federal government91裸聊视频檚 decision to postpone a planned increase to the capital gains inclusion rate, saying it provides relief for businesses, investors, and entrepreneurs.

Despite supporting the delay, the Chamber remains opposed to any tax changes that could make Canada a less attractive place to invest.

91裸聊视频淭he deferral is a step in the right direction, but the underlying issue remains. Any increase to the capital gains inclusion rate risks driving away investment, limiting economic growth, and stifling innovation,91裸聊视频 said Maryse Harvey, Chamber president, in a media release. 91裸聊视频淚f Canada wants to improve productivity, grow the economy, and strengthen our global trade relationships, we need policies that encourage investment rather than deter it.91裸聊视频

The Chamber is urging the federal government to prioritize a competitive tax and investment environment. 

91裸聊视频淏usinesses are the backbone of our economy, and they need certainty and incentives to invest, expand,
and compete on a global scale,91裸聊视频 added Harvey. 

The Chamber says it will continue to advocate for policies that strengthen business competitiveness and support long-term economic prosperity in Kelowna.



About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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