this post was submitted on 02 Aug 2023
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Experts say Ottawa's role in housing sector has grown (Richard Raycraft Β· CBC News)

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[–] [email protected] 2 points 1 year ago (1 children)

pay capital gains on the full sale price

Then it's just a flat rate tax, not a tax on the 'gain' of the 'capital'.

[–] [email protected] 1 points 1 year ago

You're right, I phrased that wrong. It should be capital gains on the profit.