OTTAWA—Federal NDP Leader Jagmeet Singh is unveiling his latest election pitch aimed at taxing the rich, promising to broaden levies on capital gains to reap billions more each year for health care, housing and programs to fight climate change. NDP MP Peter Julian, left, looks on as NDP Leader Jagmeet Singh speaks during a news conference in Ottawa on March 13, 2019. Singh wants to raise the tax paid on capital gains. Article Continued BelowThere were several media reports ahead of the 2017 budget that saw business analysts warn that increasing the proportion of capital gains that gets taxed would deter investment and innovation in Canada. Singh dismissed such concerns on Thursday, arguing a 75 per cent rate still gives capital gains better tax treatment than employee income.

Source: thestar March 29, 2019 10:08 UTC