House unanimously adopts Liberals' promised income tax cut

Darren Major · CBC News

· Posted: Jun 05, 2025 1:47 PM EDT | Last Updated: June 5

The House of Commons unanimously voted successful favour of the Liberals' promised income taxation chopped connected Thursday.

The Liberals promised to bring successful a 1 percent constituent simplification successful the lowest marginal taxation complaint — taking it from 15 per cent to 14 per cent — during this spring's predetermination campaign.

The authorities introduced a "ways and means" question to marque the taxation changes past week and each MPs voted successful favour of the question connected Thursday.

A ways and means question allows the authorities to commencement making changes to the taxation codification earlier specified changes are passed successful authorities — but a measure volition inactive request to beryllium passed.

Finance Minister François-Philippe Champagne introduced authorities connected Thursday greeting that volition formally follow the taxation chopped into law.

Prime Minister Mark Carney promised to instrumentality the taxation chopped by Canada Day. The Liberals accidental it volition prevention two-income families up to $840 a twelvemonth successful 2026.

Prior to Thursday's vote, Conservatives had signalled that they would beryllium consenting to enactment the taxation chopped — adjacent though they said it should spell further.

"We are the enactment of taxpayers. We volition ballot for each taxation chopped ever and everywhere. We emotion taxpayers and we privation taxpayers to beryllium amended off," Conservative Leader Pierre Poilievre said past week.

During the predetermination campaign, Poilievre had promised to driblet the aforesaid complaint to 12.75 per cent.

In summation to the income taxation cut, the question — and pending authorities — volition region the GST on homes nether $1 cardinal for first-time buyers and purge the user c taxation from law.

Carney chopped the c taxation for consumers via regulations successful March. The pending authorities volition beryllium the last nail successful the coffin for what was erstwhile a cardinal Liberal clime policy.