Canada Capital Gains Tax Changes 2024 Tax. To address this issue, new proposed paragraph 89(1.4)(a) of the tax act deems, for the purpose of calculating cda during a transition year, that: The department of finance in a statement monday said the changes would include increasing the lifetime capital gains exemption to $1.25 million, from the current.

These changes could impact several canadians,. The federal government’s recent changes to the taxation of capital gains and employee stock options;