nominal capital gains that are purely due to inflation seem like dubious tax targets (you didn’t earn anything, the canadian dollar was simply worth less)… pairing this with the end of the capital gains exemption for principal residences could be interesting
honestly, real capital gains should be taxed a lot higher but inflation wrecks the math (i’d wager the 50% exemption was an attempt to account for this)
I’m disappointed that even a credit union wouldn’t lend to them. Lenders can have mountains of collateral and still chicken out – it’s bizarre they won’t take any actual risk.
…priceless
It would be fun to throw something random in there like term limits. I’d appreciate barring anyone who has been an MP for 20 years from running again.
hard to follow the article with only a short blurb… it starts by saying he was happy to pay for the privilege but is now complaining of it costing too much?
I think a one month extension costs $470 NZD, but I can’t tell what longer term residency permits cost (it’s probably a combination of multiple fees)
https://mfai.gov.ck/cook-islands-ministry-foreign-affairs-and-immigration-schedule-fees
His journey will probably start by driving past the old rail station in downtown Ottawa (a couple blocks from parliament) out to the boonies.
i hope this looks nothing like the sr&ed tax credit