Canada Capital Gains Tax Changes 2024 Tax. Capital gains reserves that are brought into income in tax years starting june 25, 2024, and later will be subject to the 2/3 inclusion rate. Starting june 25, 2024, the government has proposed to increase the capital gains inclusion rate from 50 percent to 66.7.

This will also impact individuals realizing capital gains over $250k in a year. Tax experts and lawyers explain to cbc how capital gains works on property transfers, including what happens with inheritances and how the value of those properties is.