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Which of the following statements with respect to capital gains is correct? Select one O A The favourable taxation of capital gains is designed to

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Which of the following statements with respect to capital gains is correct? Select one O A The favourable taxation of capital gains is designed to partially compensate businesses for the effects of inflation OB. The lifetime capital gains deduction is no longer available to Canadian individuals. OC The inclusion rate for taxable capital gains has always been one half of the capital gain OD. All gains on the sale of Canadian securities are treated as capital gains

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