Conservative Leader Pierre Poilievre announced his second tax cut of the campaign targeted at investors Sunday, promising to exempt capital gains from taxes if the proceeds are reinvested in Canada.

“The current capital gains tax locks up investment in old assets, because selling them would force a big bill,” Poilievre said in a statement.

“Allowing reinvestments without tax will unlock billions to immediately begin building, hiring, investing and growing.”

The Conservatives say the tax cut, which would be available to investors from Canada Day until the end of 2026, will be made permanent if it’s proven successful at driving economic growth.

  • sbv@sh.itjust.worksEnglish
    121·
    2 months ago

    I’m curious what exactly that’d look like.

    Either way, giving the rich more opportunities during an affordability crisis is bullshit.

    The extra snark throughout the article is delicious:

    CBC News has reported that sources within the party are complaining about a “dysfunctional” campaign with too much centralized power and the belittling and aggressive treatment of staff.

    …

    On Saturday, Carney met with volunteers at his Nepean riding office. Sunday Carney met with an Ottawa family before flying to Toronto where he met with volunteers. The Liberal leader has not taken questions from the media over the two days.

    The Bloc announcement seems interesting:

    Adding protections for defined benefit pension plans.