[dsir]

In September, the Liberal party of Canada introduced a bill meant to raise the portion of capital gains on which companies pay tax to two-thirds from one-half. The policy would also apply to individuals with capital gains earnings above $250,000.

This was met by obvious pushback from the Canadian tech industry as it makes it even less enticing to start a business or give venture funding within Canada.

Despite the current prorogation, the finance department says the CRA will go ahead and enact this change despite the bill ever going through parliament.

It's pretty scary that the government can implement new laws like this without it ever going through the democratic process of parliament.