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

Wildfires continue to drop in B.C., just over 40 blazes burning out of control

The number of out-of-control wildfires continues to drop in British Columbia on the heels of a cold front bringing rain and fall-like temperatures to many areas. About 280 blazes remain active across the province with 15 per cent or just over 40 of those fires classified as burning out of control.

Wildfires continue to drop in B.C., just over 40 blazes burning out of control

Man arrested after violent carjacking at B.C. airport: RCMP

A 29-year-old man has been arrested after what police say was a violent carjacking outside the Prince George Airport. Prince George RCMP say the elderly driver suffered serious injuries when the vehicle crashed and he was thrown from the scene.

Man arrested after violent carjacking at B.C. airport: RCMP

B.C. brings in 'bell to bell' school phone ban, as new access rules target protesters

Cellphone use will be restricted in all British Columbia school districts when pupils return next week, as the province becomes the latest to curtail the use of the devices in classrooms. Premier David Eby says all school districts now have policies in place to ban cellphone use "bell to bell," in line with a government directive announced in April.

B.C. brings in 'bell to bell' school phone ban, as new access rules target protesters

Thousands still out of homes in Manitoba and Saskatchewan due to wildfires

Nearly 3,800 people from First Nations in Saskatchewan and Manitoba remain out of their homes due to nearby wildfires. The Canadian Red Cross says it's supporting more than 2,300 from the remote community of Bunibonibee Cree Nation in northeastern Manitoba, offering lodging, food, transportation and supplies.

Thousands still out of homes in Manitoba and Saskatchewan due to wildfires

4 Mounties injured over the weekend

Burnaby R-C-M-P say four Mounties sustained minor injuries as they responded to a report of a man trying to break into a home over the weekend. They say officers arrived to find the 36-year-old suspect yelling incoherently, and when they tried to arrest him, he became aggressive.

4 Mounties injured over the weekend

Fatal truck crash in Sicamous

The driver who died when his tractor trailer crashed over the side of a bridge and plunged into water below has been identified as a 25-year-old man. Sicamous R-C-M-P say they responded to a report of crash at about 6:45 a-m on Saturday, finding the truck was descending down a hill when it struck one end of the bridge, then crossed to the other side and crashed through the guard rail.