BC Firm Seeks Injunction Stopping Capital Gains Hike Proposed by Federal Liberals

BC Firm Seeks Injunction Stopping Capital Gains Hike Proposed by Federal Liberals
Canadian Revenue Agency (CRA) national headquarters in Ottawa on June 28, 2024. The Canadian Press/Sean Kilpatrick
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A law firm acting on behalf of a B.C. company is seeking an injunction stopping the Canada Revenue Agency from enforcing a proposed capital gains tax hike that has yet to pass in Parliament.

Thorsteinssons LLP says the challenge it filed in Federal Court last week on behalf of Pelco Holdings Inc. aims to stop the government agency from administering the change as if it is law.