The Canada Revenue Agency will continue to administer the capital gains tax proposals, even though they haven’t passed in parliament, which has been prorogued until March 24.

The finance department says parliamentary convention dictates that taxation proposals such as the capital gains taxation measures that the Liberals introduced last year are effective as soon as the government introduces them in the house.

Federal government may be prorogued, but parliamentary convention dictates tax proposals introduced in the house are administered by the CRA{ai:summary}<p>The Canada Revenue Agency will proceed with administering capital gains tax proposals despite their lack of passage in Parliament, which is prorogued until March 24. The finance department cites parliamentary convention allowing taxation measures to take effect upon introduction. #politics</p>

CRA to continue with capital tax changes despite prorogation: finance department

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