The 琉璃神社 Chamber of Commerce is pleased over the federal government鈥檚 decision to postpone a planned increase to the capital gains inclusion rate, saying it provides relief for businesses, investors, and entrepreneurs.

Despite supporting the delay, the Chamber remains opposed to any tax changes that could make Canada a less attractive place to invest.

鈥淭he deferral is a step in the right direction, but the underlying issue remains. Any increase to the capital gains inclusion rate risks driving away investment, limiting economic growth, and stifling innovation,鈥� said Maryse Harvey, Chamber president, in a media release. 鈥淚f Canada wants to improve productivity, grow the economy, and strengthen our global trade relationships, we need policies that encourage investment rather than deter it.鈥�

The Chamber is urging the federal government to prioritize a competitive tax and investment environment. 

鈥淏usinesses are the backbone of our economy, and they need certainty and incentives to invest, expand,
and compete on a global scale,鈥� added Harvey. 

The Chamber says it will continue to advocate for policies that strengthen business competitiveness and support long-term economic prosperity in 琉璃神社.