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

Driver charged with impaired driving causing death

Surrey R-C-M-P say a driver has been charged with impaired driving causing death after a pedestrian was struck and killed while at a bus stop over the weekend. Investigators say on Saturday afternoon a truck crossed into oncoming traffic and then collided with a bus stop bench injuring two pedestrians and causing damage to the surrounding property.

Driver charged with impaired driving causing death

Inflation, interest rates eroded Canadians' purchasing power since 2022: PBO report

Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found. But wealthier households have seen their purchasing power rise thanks in big part to their investment income.

Inflation, interest rates eroded Canadians' purchasing power since 2022: PBO report

Rustad's Nuremberg, Nazi comparisons to COVID-19 measures 'regrettable,' says Eby

British Columbia's election campaign was dragged far off course Monday as the two main party leaders were forced to comment about comparisons of the Nuremberg trials of Nazi war criminals to COVID-19 pandemic health measures. Vandalism at the property of a Vancouver billionaire, who erected a large sign critical of B.C.'s New Democrats, also diverted leaders off their messages.

Rustad's Nuremberg, Nazi comparisons to COVID-19 measures 'regrettable,' says Eby

'Most horrific thing': Events across Canada mark one year since Oct. 7 attacks

The last time Tiferet Lapidot's family heard from her was in a phone call from the Supernova music festival near Israel's border with the Gaza Strip, where Hamas launched its brutal attack on Oct. 7, 2023.

'Most horrific thing': Events across Canada mark one year since Oct. 7 attacks

Cyber breach at B.C. First Nations Health Authority exposed TB tests, insurance data

The First Nations Health Authority in British Columbia says online hackers gained access to an array of personal information including medical test results and insurance claims during a cybersecurity breach last May. The health authority says it has concluded its investigation and "the impact of the cybersecurity incident is not the same for everyone."

Cyber breach at B.C. First Nations Health Authority exposed TB tests, insurance data

Where will B.C.'s election be won? Even identifying the battlegrounds is tough call

The calculus of predicting an election and identifying its key battlegrounds is complex enough in any race, but observers of the British Columbia poll this month are facing a pair of unknown quantities that make the maths even more confounding.