Capital Gains Tax on Sale of Primary Residence is a Good Idea, Says Expert

Ottawa is looking for ways to pay down a soaring deficit amid billions in spending on pandemic-relief measures. During this time, the capital gains tax on the sale of primary residences is being discussed. Harjinder Thind talks with Tom Davidoff, Director, UBC Centre for Urban Economics and Real Estate, about this tax, why it has yet to be implemented and what would happen if it is implemented.