Minister Freeland on inflation rate, capital gains tax increase - May 21, 2024

On Parliament Hill in Ottawa, Finance Minister Chrystia Freeland provides her weekly update on the government’s economic plan. She is joined by Health Minister Mark Holland and Employment Minister Randy Boissonnault. Freeland highlights the drop in Canada’s inflation rate to 2.7 per cent and calls on all parties to pass the budget implementation bill. Responding to questions from reporters, the finance minister comments on the International Criminal Court’s (ICC) application for arrest warrants for Israeli and Hamas leaders. Freeland also discusses the government’s proposed legislation for the capital gains inclusion rate increase, set to be introduced in the House of Commons in the coming weeks.