Majid Jowhari at the Government Operations and Estimates Committee

On June 12th, 2024. See this statement in context.

June 12th, 2024 / 5:30 p.m.

Liberal

Majid Jowhari Liberal Richmond Hill, ON

Okay.

Look, I'd like to submit that under Prime Minister Mulroney, who I admire a lot, the capital gain inclusion rate was actually at 75%. Then it was brought down to about 50%, and that continued until now, until the proposed increase. Do you have any idea how that inclusion rate increased from 50% to 75% during Prime Minister Mulroney's time? How did it impact productivity?

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