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.
Now that he’s in trouble politically he reveals his true colours. He isn’t really a populist every man. He’s a common, everyday prosperity conservatives who is going to give tax breaks to the wealthy and steal from the poor to pay for it. Maybe he’ll try to use tarrifs to do it.
He’s more like his idol, Trump, every day.
https://youtu.be/R59JmC0u63I