COVID’s unlearned lessons, plus other letters May 8: ‘There has been a near-total absence of both accountability and interest in averting the next such disaster.’

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Letters To The Editor,Nopolly

In today’s letters to the editor: COVID-19 pandemic; Canada Pension Plan; capital gains tax changes; wealth backlash; sex education; Toronto Maple Leafs

COVID’s unlearned lessons, plus other letters May 8: ‘There has been a near-total absence of both accountability and interest in averting the next such disaster.’pandemic is a troubling sign. As recently as 2003, 44 Ontario deaths from the SARS pandemic sufficed to launch the comprehensive Campbell Commission, which conducted a deep review of how that pandemic was overcome and produced a solid blueprint for what was needed to better prepare for the next one.

Alberta has a younger population, but that is because many of the older people have left the province. We need to be included in any future calculations.: Allen Lau is the latest venture capitalist to bemoan the increased capital gains inclusion rate. All I can do is cry me a river. Mr. Lau notes that his almost billion-dollar company had a relatively minuscule payroll. Isn’t that a bad thing? It means that the vast majority of the value of the company is being siphoned off at the low capital gains tax rate; how is this fair to Canada? Why should wealth created from equity be taxed less than wealth created by workers?

Now, in 2024, the Liberal Trudeau government proposes changing the inclusion rate to 66 per cent. And of course the Opposition is screaming. Holders of second properties are screaming. Small-business owners, doctors and dentists, who hold securities in their small-business companies , are screaming.

 

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