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 dies in fall through ice

Mounties in Williams Lake, B.C., say a child has died in a plunge through the ice on Tyee Lake, in the province's Cariboo region. Police say it happened Saturday when the utility task vehicle the child was riding on went through the ice.

Child dies in fall through ice

B.C. to spend $24 million on community walking and cycling projects

The British Columbia government is handing out $24 million to more communities that want to improve their walking and cycling infrastructure. The Active Transportation Infrastructure Grants program is part of a cost-sharing agreement with Indigenous, local and regional governments that provides up to $500,000 for infrastructure projects, and up to $50,000 to develop the active network plans.

B.C. to spend $24 million on community walking and cycling projects

Canada welcomes Gaza ceasefire vote at United Nations Security Council: Joly

Canada welcomes the United Nations Security Council's call for a ceasefire in the war between Israel and Hamas during Muslim holy month of Ramadan, Foreign Affairs Minister Melanie Joly said Monday. Canada has been asking for a sustainable ceasefire since December, she said at a press conference in Ottawa.

Canada welcomes Gaza ceasefire vote at United Nations Security Council: Joly

Group asks Vancouver for more time over Crab Park homeless site cleanup

An advocacy group and others are making a final plea to the City of Vancouver to hold off on its second phase of a plan to clean up the site of a homeless camp in Crab Park. The group called Stop the Sweeps and residents of the encampment oppose the move, saying they're being offered small, fenced pens to live in while the city bulldozes their community, which includes a warming tent and kitchen.

Group asks Vancouver for more time over Crab Park homeless site cleanup

Man found dead in Surrey

B-C's police watchdog says it is investigating the death of a man in Surrey. The Independent Investigations Office says police responded to a report of threats being made in a domestic dispute yesterday.

Man found dead in Surrey

Cyclist injured in crash

West Shore Mounties say a cyclist was seriously injured after a crash involving a vehicle in View Royal. Police say officers responded to the scene yesterday around 4:45 P-M and found the 55-year-old cyclist with life-threatening injuries.