Liberal leadership candidate Chrystia Freeland would scrap changes to the capital gains tax that she introduced as finance minister, CBC News has confirmed. The news was first reported by Bloomberg.April's federal budget announced an increase to the taxable amount of capital gains — the profits that individuals or businesses make from selling an asset like a stock or a second home.

Chrystia Freeland would drop the Canadian government’s policy of raising the capital gains inclusion rate if she wins the race to replace Justin Trudeau as prime minister, according to a person with knowledge of her plan.

Freeland Declares Leadership Bid Chrystia Freeland, former journalist and senior government minister, has officially entered the race for leadership of Canada’s Liberal Party. Her announcement comes amid a critical juncture for the party,