Nonsense.
The qualified small business shares capital gains deduction is there to shelter gains for the tech entrepreneurs and other businesses.
I'm talking about people like me who buy stock in companies like Shopify, Kinaxis, Enghouse, and other non-tech names like Spin Master or Savaria, Grande West Transport, or CRH Medical. What happens to their stock the day after this goes into effect?
As for the rest of us, in an age of $52,000+ in TFSA room and RRSP's the question is: why not a higher inclusion rate?
Most people don't start seriously saving until their mid to late thirties. And most people don't earn enough to collect a huge amount of money in their RRSP given the allowable contribution levels. I have been seriously saving for about fourteen years now. My RRSP contribution level was quickly maxed out because my earnings in much of my life were very low. If I'm to save enough for retirement there simply is not enough room in my RRSP or TFSA.
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