National

Capital gains reversal if party forms govt: Poilievre

Darpan News Desk The Canadian Press, 16 Jan, 2025 01:58 PM

Federal Conservative Leader Pierre Poilievre says he will reverse an increase on the capital gains tax introduced last June if his party forms the next government.

Speaking in Tsawwassen today at the site of a housing development under construction, Poilievre says the Liberal governments changes in the capital gains tax changes have stunted job creation, while funding handouts to large businesses and corporations.

BREAKING: I am announcing today common sense Conservatives will reverse last June’s Liberal tax hike on capital gains—a tax economists agree will kill 400,000 jobs.

This Liberal jobs tax was a bad idea before President Trump’s tariff threat, it is outright insanity now.

AXE… pic.twitter.com/UfTPRo8KBk
— Pierre Poilievre (@PierrePoilievre) January 16, 2025

Poilievre says the Trudeau Liberals have hamstrung Canada’s ability to negotiate with incoming U-S president Donald Trump on his tariff threat, noting the lack of pipelines and energy plants that have forced Canadian energy exports to rely heavy on the United States.

Poilievre also says he has ordered his staff to “stay away” from TikTok due to the social media platform’s risk of infiltration by what he described as a “hostile regime” in China. (The Canadian Press)

Prev Next

MORE National ARTICLES

Child dead after falling from 19th floor window in Winnipeg, police say

Police in Winnipeg say a child has died after falling from a window on the 19th floor of a building. It happened Monday in the city's downtown. The child was taken to hospital and pronounced dead.

Child dead after falling from 19th floor window in Winnipeg, police say

Jump in home sales in September

The Canadian Real Estate Association says home sales climbed 1.9 per cent on a month-over-month basis in September, reaching their highest level since July 2023. The national increase was led by Greater Vancouver and Victoria, as well as the Greater Toronto Area, Hamilton-Burlington, Montreal and Quebec City.

Jump in home sales in September

Harpreet Singh gets 10 years in tripple stabbing

Harpreet Singh has been sentenced to 10 years in prison -- minus the six-years in credit for time already served in custody -- for manslaughter and two counts of aggravated assault following the knife attack at a Surrey townhouse.

Harpreet Singh gets 10 years in tripple stabbing

Eby makes late pitch to people who have never voted New Democrat in B.C

Eby says there hasn't been an election as significant "for a generation," on the day the rival B.C. Conservative Party is poised to release its costed platform and just four days before election day on Saturday. Elections BC says about 597,000 people have already voted in four days of advance polling.

Eby makes late pitch to people who have never voted New Democrat in B.C

Founders of Vancouver club that sold tested illicit drugs file Charter challenge

The founders of a Vancouver "compassion club" that sold heroin, cocaine and methamphetamine bought on the dark web and tested for contaminants, have filed a court challenge arguing their Charter rights and the rights of users were violated when the club was shut and they were arrested.

Founders of Vancouver club that sold tested illicit drugs file Charter challenge

Canada and U.S. list Samidoun as terrorist group, U.S. adds Canadian to terror list

Canada is listing the pro-Palestinian group Samidoun as a terrorist group, while the U.S. has added a Canadian citizen affiliated with the organization to its counter-terrorism list. Public Safety Minister Dominic LeBlanc says Samidoun will now be listed under Criminal Code offences that ban people from donating or providing property to the group.