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

Forecasters warn B.C. of hot summer, as province offers more free air conditioners

British Columbia's government is tripling a program that offers free air conditioners to people with low incomes as forecasters say the province should prepare for hotter-than-normal temperatures in June. Minister of Energy Josie Osborne told a news briefing that the program, launched last year and managed by the Crown power utility, BC Hydro, had already handed out 6,000 air conditioners and the government was prepared to fund another 19,000 or so.

Forecasters warn B.C. of hot summer, as province offers more free air conditioners

Teenager sexually assaulted in Vancouver

Vancouver Police say a man has been charged after he allegedly sexually assaulted a teenager on a bus in the Mount Pleasant neighbourhood. They say the investigation began two weeks ago when the 15-year-old girl was groped on a bus near the intersections of Broadway and Quebec streets.

Teenager sexually assaulted in Vancouver

Unifor alleges Amazon ramped up hiring at B.C. warehouse ahead of union vote

Unifor has filed an unfair labour practice complaint against Amazon amid a vote by workers at a Delta, B.C., warehouse over whether they want to join the union. The union claims Amazon beefed up its workforce as Unifor was in the midst of a union drive to try and weaken support.

Unifor alleges Amazon ramped up hiring at B.C. warehouse ahead of union vote

Man carries knife into North Van school

Mounties in North Vancouver are warning the public after a report of a suspicious man allegedly carrying a knife near a North Vancouver elementary school. Police say the incident took place on May 28th outside Westview Elementary and two callers were reported seeing a man carrying what appeared to be a knife near the school.

Man carries knife into North Van school

Seizure of 43K & drug bust in Kelowna

Mounties in Kelowna say a routine traffic stop led to a search warrant for a home, where police found drugs, 43-thousand-dollars in cash, and two handguns. RCMP say officers stopped a vehicle last Friday and found the driver was known to police, with a history of involvement in the drug trade in the Okanagan city.

Seizure of 43K & drug bust in Kelowna

Shoplifting operation leads to over 60 arrests

Burnaby RCMP say a four-day operation targeting shoplifting at the Metrotown shopping centre led to more than 60 arrests earlier this month. They say 12 of the people arrested had outstanding warrants from across the Lower Mainland, including one person who had been wanted for failure to comply with the province's sex offender registry.