The tax will be raised from 50 percent to 66.7 percent effective June 25, 2024. Conservative leader Pierre Poilievre sparred with Prime Minister Justin Trudeau over the Liberal government’s proposed massive capital gains tax increase during Question Period Tuesday. The House of Commons approved the tax hike Tuesday evening with the New Democratic Party and the Bloc Quebecois supporting the Trudeau government. https://thepostmillennial.com/trudeaus-massive-capital-gains-tax-increase-passes-parliamentary-vote-poilievre-calls-it-the-definition-of-insanity