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Your lookahead horoscope: November 9, 2025

  IF TODAY IS YOUR BIRTHDAY You won’t lack for good ideas over the coming year, but your birthday chart warns that only one or two of them will be worth pursuing. Set yourself one major goal and have a second goal as a backup for those days when you get bored. ARIES (March 21 - April 20): If you learn something to your advantage during the early part of the week be smart and keep it to yourself. That might sound selfish but the universe wants you to have a good crack at the opportunity before your rivals wise up. TAURUS (April 21 - May 21): You may feel the need to be more adventurous but with luck planet Jupiter about to begin its retrograde phase that may not be the best idea you’ve ever had. Consolidate your recent gains over the next few days rather than risk losing them. GEMINI (May 22 - June 21): You may want to boost your finances but the planets warn you could end up making a drastic move that is completely unnecessary. Do you have enough cash to meet your current needs? Th...
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Federal Government Delays Capital Gains Tax Increase to 2026

 

The federal government has announced a delay in the implementation of the capital gains tax increase, pushing the effective date from June 25, 2024, to January 1, 2026. Finance Minister Dominic LeBlanc stated that this decision aims to provide certainty to Canadians and businesses as the tax season approaches.

The proposed changes would increase the capital gains inclusion rate from one-half to two-thirds for individuals with capital gains earnings above $250,000 and for corporations. However, the delay means that the new government formed after the upcoming election will likely be responsible for legislating these changes.

In addition to the delay, the government has promised to maintain or enhance existing capital gains exemptions, including the Principal Residence Exemption and a new $250,000 annual threshold for modest capital gains. The Lifetime Capital Gains Exemption will also be increased to $1.25 million, and a new Canadian Entrepreneurs’ Incentive will be introduced to encourage entrepreneurship.

This move has been welcomed by many Canadians and businesses who were seeking clarity on the tax changes. However, some critics argue that the government should admit the policy was a mistake and reverse course entirely.



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