1,000 CEOs, Canadian Tech Leaders Sign Letter Calling for End to Capital Gains Tax Hikes

Deputy Prime Minister and Minister of Finance Chrystia Freeland presents the federal budget in the House of Commons in Ottawa on April 16, 2024. The Canadian Press/Adrian Wyld

Over 1,000 CEOs and Canadian tech business leaders have signed an open letter to Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland calling for a halt to the capital gains tax hike.

The letter, organized by the Canadian Council of Innovators (CCI), says the tax hike is going to hinder investment in the country.