Mr. Speaker, yet again, the Conservatives need to work just a little harder, not only on being less hypocritical about support for working Canadians, but also on just getting their facts straight. After this move, the capital gains rate in Canada will be lower than the tax paid in California or in New York City. Furthermore, the METR, Canada's marginal effective tax rate, is the lowest in the G7, and anyone who read the budget would have seen that.
In the House of Commons on June 18th, 2024. See this statement in context.