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Tragedy in Gaza: 31 Palestinians Killed Near Aid Distribution Site

At least 31 Palestinians lost their lives while attempting to receive humanitarian aid in Gaza, according to health officials and witnesses. The incident occurred near an aid distribution center operated by the Gaza Humanitarian Foundation, a US-backed organization. Reports indicate that Israeli forces opened fire on the crowds, leading to chaos and casualties. The Palestinian Ministry of Health has blamed the Israeli military for the deaths, stating that all those killed were shot in the head or chest. Witnesses described the scene as terrifying, with people being trampled amid gunfire. Some claimed that security personnel at the distribution hub also fired on the crowd. The Israeli Defense Forces (IDF) responded to inquiries, stating that they were “unaware of injuries caused by IDF fire within the Humanitarian Aid distribution site” and that the matter was under review. Meanwhile, the Gaza Humanitarian Foundation denied any gunfire at the distribution center, dismissing reports of d...
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Canada’s Capital Gains Tax Changes: What You Need to Know

The Liberal government’s capital gains tax changes have officially taken effect today, sparking both support and opposition. Here’s a concise overview:

  1. What Changed?

    • The capital gains inclusion rate has increased from one-half to two-thirds for gains over $250,000 per year for individuals.
    • Corporations and most types of trusts now face the same inclusion rate on all capital gains.

  2. Why the Change?

    • Prime Minister Justin Trudeau frames this as generational fairness, aiming to address wealth disparities.
    • The $19.4 billion expected revenue will fund housing and other priorities for young Canadians.

  3. Backlash and Concerns:

    • Critics argue that the higher inclusion rate may harm the economy by reducing competition and innovation.
    • Physicians’ groups express concern about the impact on doctors who invest through incorporated medical practices.

  4. Opposition and Alternatives:

    • Conservative Leader Pierre Poilievre claims the wealthy will find ways to avoid the tax, affecting farmers, small businesses, and homebuilders.
    • Finance Minister Chrystia Freeland emphasizes the need for increased spending on health care and social services.

  5. Entrepreneurship Incentive:

    • To encourage entrepreneurship, the government proposes the Canadian Entrepreneurs’ Incentive, reducing the inclusion rate to a third on eligible capital gains up to $2 million.

In summary, these changes aim to balance fairness, revenue, and economic impact. The debate continues as Canada adapts to its evolving tax landscape. 

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