1 Poilievre Will Kill the Capital Gains Tax
The Liberals' least-loved policy is the change to how capital gains are taxed: under the new rules, two-thirds of any individual's gains over $250,000 annually will be taxed, compared to the previous rate of one-half. Bay Streeters were apoplectic at the news, along with startup founders, business owners and physicians, many of whom bill provincial governments through private corporations. Poilievre voted against the hike and, in all likelihood, will kill it if he enters the PMO. In a 15-minute video about the economy, he predicted that the tax will cause businesses, jobs and family doctors to leave the country.
2 Trump's Presidency Will Wreak Economic Havoc
When Donald Trump re-won the American presidency, Canadian economists all sounded the same alarm: tariffs, tariffs, tariffs. Trump has vowed to impose levies of up to 20 per cent on all imports that come into the U.S., a plan that could cost the Canadian economy billions. The Liberal government has played it cool, claiming that it's dealt with Trump before and can do so again-one of the first things Justin Trudeau did after the Donald's latest victory was re-form a cabinet committee devoted to Canada-U.S. relations.
3 The $10-a-Day Childcare Program Will Enter the Home Stretch
This story is from the January/February 2025 edition of Maclean's.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January/February 2025 edition of Maclean's.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A Teacher's Tale
My career in Quebec ended because I chose to keep my hijab
Top Marks
InSaguenay, Quebec, Ecole de l'Etincelle embodies the school of the future
Modernize Parental Leave
Canada's birth rate is dropping, and the cost of living is partly to blame. A more supportive leave plan would make parenthood more affordable
"I spent years trying to learn English.Now I use ChatGPT."
AI isn't perfect, but it helps me write complex emails and understand Canadian culture
MY PREDICTION - The National School Food Program Will Transform Kids' Health
When students have access to nutritious food, they do better in school and life
FOOD
The exorbitant cost of food will have ripple effects on the restaurant industry and grocery stores. The good news? There's a plan to save the country's salmon supply.
MY PREDICTION - New Mortgage Rules Will Drive Up Housing Prices
Looser lending policies will encourage more people to buy homes they can't afford in the first place
HOUSING
Politicians will spar over how to tackle the housing crisis. Falling interest rates will draw young people into the real estate market. And a rude awakening is coming for homeowners renewing mortgages.
MY PREDICTION - Stuctured Literacy Will Help Level the Educational Playing Field
Canadian students have struggled to read and write. That stops this year.
EDUCATION
Quebec's classrooms will take centre stage in the secularism debate. Chatbots will help students create A-plus work, while others will grade themselves. And thousands of international students will be sent home.
