No. The proposal is specifically designed for rental income property, to allow it to simply defer the tax on capital gains, provided the funds are reinvested.
On October 18th, 2006. See this statement in context.
On October 18th, 2006. See this statement in context.
October 18th, 2006 / 4 p.m.
Chief Executive Officer, Canadian Real Estate Association
No. The proposal is specifically designed for rental income property, to allow it to simply defer the tax on capital gains, provided the funds are reinvested.
See context to find out what was said next.