Mr. Speaker, another day, another way the Liberals are trying to overtax small businesses. When they announced new rules requiring Canadians to report the sale of their principal residence to the CRA, it turns out it was just the Liberals trying to sneak in another new tax grab on small business owners.
Financial advisers are warning small business owners that this change will eliminate the capital gains exemption on the sale of their primary residence if they run a business from their home office. The Liberal war on small business continues.
Would the finance minister commit today to reversing this attack on hard-working Canadian small business owners?