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Hour 2 of Ottawa Now for Thurs. June 13th, 2024

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Over the past 12 months, we have seen more than 1,200 closures of Emergency Departments and other local hospital services. That’s according to alarming statistics provided by the Ontario Health Coalition, who is calling on the province to address a ticking time bomb. Executive Director Natalie Mehra joins Kristy Cameron in Hour 2. Meantime, the Liberals' proposed changes to the Capital Gains Tax officially passed in the House of Commons this week. Effective June 25th, these changes will raise the inclusion rate on capital gains to 67 percent, up from the current 50 percent. Prime Minister Trudeau tried to calm the skeptics down in mid-May, claiming that nearly $20 billion in new revenue would be created for our country. But will these controversial alterations really generate that much revenue? We dig deeper with Joseph Steinberg, an Associate Professor with the University of Toronto's Economics Department. His research uses quantitative models to better understand public finance policies.

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