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.
Lol yeah, choke out the country’s funding more. That’s exactly what we need 🙄
I just don’t get how anybody can be stupid enough to vote for a party who wants to cut taxes. We need more taxes at the top to bleed the economic leeches dry.