{"id":4166,"date":"2024-04-18T19:16:31","date_gmt":"2024-04-18T19:16:31","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/?p=4166"},"modified":"2024-04-18T19:17:15","modified_gmt":"2024-04-18T19:17:15","slug":"highlights-from-the-2024-federal-budget","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/highlights-from-the-2024-federal-budget\/","title":{"rendered":"2024 Federal Budget &#8211; Highlights From the 2024 Federal Budget"},"content":{"rendered":"<p style=\"font-weight: 400\">The 2024 Federal Budget has been released. Along with some expected measures on housing affordability and the cost of living, Budget 2024 proposes to increase the capital gains inclusion rate and includes some other tax measures of note.<\/p>\n<p style=\"font-weight: 400\">Four key takeaways from Budget 2024 for our clients:<\/p>\n<ol>\n<li style=\"font-weight: 400\">Capital gains inclusion rate increased to 66.67%<\/li>\n<li style=\"font-weight: 400\">Expanded tax shelter on the sale of a business<\/li>\n<li style=\"font-weight: 400\">New and ongoing housing affordability measures<\/li>\n<li style=\"font-weight: 400\">Updates to previously proposed changes to the Alternative Minimum Tax<\/li>\n<\/ol>\n<p style=\"font-weight: 400\">The details are outlined in the Wellington-Altus 2024 Federal Budget commentary in the <a href=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/04\/2024-Federal-Budget-Highlights_FINAL_EN.pdf\">attachment below<\/a>. Please contact Maili Wong at 778-655-2411 or Dana Brooks at 403-778-0508 with any questions you may have.<\/p>\n<p style=\"font-weight: 400\"><a href=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/04\/2024-Federal-Budget-Highlights_FINAL_EN.pdf\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-4167 size-full\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/04\/2024-federal-budget-1.jpg\" alt=\"2024 Federal Budget\" width=\"500\" height=\"650\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/04\/2024-federal-budget-1.jpg 500w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/04\/2024-federal-budget-1-231x300.jpg 231w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><i>If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at\u00a0<\/i><a href=\"tel:7786552410\"><span class=\"s1\"><i>778 655 2410<\/i><\/span><\/a><i>\u00a0or email us at\u00a0<\/i><a href=\"mailto:thewonggroup@wellington-altus.ca\"><span class=\"s1\"><i>thewonggroup@<\/i><\/span><\/a><a href=\"http:\/\/wellington-altus.ca\/\"><span class=\"s1\"><i>wellington-altus.ca<\/i><\/span><\/a><\/p>\n<p class=\"p1\">Sincerely,<br \/>\n<b>Maili Wong<\/b>, CFA, CFP, FEA<br \/>\nSenior Portfolio Manager &amp; Senior Wealth Advisor<\/p>\n<p class=\"p1\">Wellington-Altus Private Wealth Inc.<\/p>\n<p class=\"p1\">Board Director<\/p>\n<p class=\"p1\">Wellington-Altus Financial Inc.<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 2024 Federal Budget has been released. Along with some expected measures on housing affordability and the cost of living, Budget 2024 proposes to increase the capital gains inclusion rate and includes some other tax measures of note. Four key takeaways from Budget 2024 for our clients: Capital gains inclusion rate increased to 66.67% Expanded [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":4169,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[16],"tags":[495,494],"class_list":["post-4166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-2023-federal-budget","tag-federal-budget"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2024 Federal Budget - Increases in Capital Gains Rates | The Wong Group<\/title>\n<meta name=\"description\" content=\"The 2024 Federal Budget has been released. 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