Poilievre pledges to roll back capital gains tax hike, retaliate against Trump tariffs
- Pierre Poilievre pledged to reverse Liberal-led changes to capital gains taxation that increased the inclusion rate from one-half to two-thirds, as part of the 2024 budget.
- The change, effective June 25, will cause Canada's GDP to fall by nearly $90 billion and result in the loss of 414,000 jobs, according to the C.D. Howe Institute.
- NDP critic Niki Ashton criticized Poilievre's plan as a tax break for billionaires, stating it increases inequality and harms those not in the top income brackets.
- Poilievre also proposed a 'Bring It Home' tax cut aimed at reducing taxes on work and investment to boost production in Canada.
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Total News Sources0
Leaning Left15Leaning Right5Center1Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
R 24%
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