The Globe and Mail quotes Toronto lawyer Grant McGlaughlin in an article on the federal government hiking capital-gains taxes.
“It’s not going to be a direct drive that they increase the capital-gains tax and now we’re losing all our investment and money’s not coming to Canada. But I would say we are marching down the path of making Canada not as attractive as other jurisdictions,” said Grant McGlaughlin, partner and co-leader of the private equity practice at Fasken Martineau DuMoulin LLP.
