Cottagers and capital gains: What you need to know

Capital gains taxes are going up for some Canadians, but there’s a lot of confusion among investors and cottage owners about what it all means. Ottawa says it’s only targeting the 0.13% but could it affect a wider segment of the population? What do the changes really mean and could it impact you and your summer oasis? We’re talking cottages and capital gains today, featuring host Bryan Borzykowski breaking down these changes, and speaking with a number of experts including Fidelity’s Michelle Munro, Director Tax and Retirement Research, and Phil Soper, CEO of Royal LePage. Today’s interview was initially presented as a webcast in our Upside+ series, which you can watch on Fidelity Canada’s LinkedIn page or YouTube channel.

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