TORONTO — The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause of "irreparable harm." The sector is disappointed that the Liberal government's budget tabled Tuesday includes a proposed increase to the proportion of capital gain earnings on which businesses pay income tax, to two-thirds from one half. The hike would also be applied to individuals for capital gain
Ohh noo, the CEOs will take a 1% total income cut, how will they afford their 2nd yacht now? Won’t someone think of the CEOs?