OTTAWA — The Liberal government’s changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians’ groups.

Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of capital gains — the profit made on the sale of assets such as a secondary residence or stocks — taxable, rather than one-half.

As Liberals are looking to woo back young voters, Trudeau has pitched the effective tax increase as a way to deliver generational fairness.{ai:summary}<p>The Liberal government in Ottawa faces backlash from business and physicians over changes to capital gains tax, now two-thirds taxable. Finance Minister Chrystia Freeland's budget update sparks controversy. #economy</p>

Liberal government’s proposed capital gains tax changes come into effect today

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