In general, the people who benefit from this favourable treatment are people who have enough money to invest in securities, land and other kinds of investments, or, frankly, in cottages and lakefront property that has a chance of growing. A lot of that, again, is not very risky.
I actually also have family land in southeastern Saskatchewan. I know Mr. Moody will address this later. It is not a risky proposition to have farmland in Canada. It's been going up at an enormous rate—10%, 12%, 15% or 20% a year—for many years in my province, and this creates enormous capital gains. If you're only taxed on half of that, those people who have land will get richer quicker.
The long and the short of it is, on a personal level—never mind if you have a corporation—if you have enough invested that you make $250,000 a year more in capital gains, you're getting an incredible bargain with the exemption. The whole bargain you had before.... If you made a million dollars in capital gains by investing in crypto, then you would be taxed at a maximum of 25%. Now that break is reduced, but you still have $250,000 of capital gain on which you will pay a maximum of 25%, which is a tremendous tax advantage.
While none of us celebrates having to pay more money, this is not a particularly enormous blow to your income prospects. It will be some, but to say that this is somehow reducing people to a precarious state, if you're a doctor, a lawyer or a consultant like me, strikes me as a major overstatement.