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

Four children with strep A have died in B.C. in the past month, disease centre says

Four children under the age of 10 who had streptococcal infections have died since mid-December, in what the BC Centre for Disease Control says is part of a surge in such infections. A bulletin released by the centre, the Provincial Health Services Authority and BC Children's Hospital says data from 2023 show a three-fold increase in invasive group A streptococcal infections in people under 20.

Four children with strep A have died in B.C. in the past month, disease centre says

B.C. Coroners Service reports 36 outdoor deaths to start year, 5 on cold Jan. 12

British Columbia's Coroners Service is reporting the outdoor deaths of 36 people during the early days of January when the province was in the grip of a record-breaking cold snap. Coroners Service data for the days from Jan. 1 to 16 show the highest number of people dying on Jan. 12, a day when numerous low temperature records were broken across B.C.

B.C. Coroners Service reports 36 outdoor deaths to start year, 5 on cold Jan. 12

Shooting & robbery attempt suspect in Surrey faces numerous charges

A 21-year-old man faces numerous charges following a shooting and robbery attempt in Surrey earlier this month. Police say they were called on January 7th when a person was assaulted during a robbery and a single shot was discharged into the air.

Shooting & robbery attempt suspect in Surrey faces numerous charges

Man hit by vehicle in Abbotsford

A man is in critical condition after being hit by a vehicle in Abbotsford. Police say the pedestrian accident happened this morning on North Parallel Road. The driver stayed at the scene and is co-operating with the investigation.

Man hit by vehicle in Abbotsford

Israeli envoy joins calls for Canada to clarify its stance on ICJ genocide case

Israel's envoy to Canada is joining calls for the federal Liberals to clearly state Ottawa's position as the International Court of Justice considers an allegation of genocide against Israel. Iddo Moed says Canada should "leave no room for misinterpretation" on its stance, noting that many of Canada's allies and peers have stated a clear position on the case.

Israeli envoy joins calls for Canada to clarify its stance on ICJ genocide case

Gas provider faces fire over B.C. leak and its 'apocalyptic' stink

The chemical that caused the smell was mercaptan, which is typically added to odourless gas supplies so leaks are easier to detect. The gas provider is being criticized for a lack of transparency and timely explanation about the stench Delta Mayor George Harvie said led to emergency services being flooded with calls.