Philip Lawrence at the Government Operations and Estimates Committee

On June 17th, 2024. See this statement in context.

June 17th, 2024 / 11:05 a.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

Thank you for that.

Just going a little bit further on that as well, a number of venture capitalists and other investment organizations have even gone so far as to call the capital gains tax a tax on innovation and a tax on investment.

I know that the scope of it might be difficult to predict, but is it reasonable to think that it might have a dampening impact on investment in Canada by increasing the inclusion rate of capital gains exemption?

See context to find out what was said next.