Maxime Bernier pitches sweeping tax cuts during campaign stop on P.E.I.

1 week_ago 5

PEI

The person of the People’s Party of Canada pledged to 'abolish' the superior gains tax, on with a slew of different programs if his enactment forms the adjacent national government. 

'We request a large taxation revolution' to support businesses successful the country, says People's Party of Canada leader

Stephen Brun · CBC News

· Posted: Apr 02, 2025 8:21 PM EDT | Last Updated: 1 hr ago

A antheral   speaks into a microphone successful  beforehand   of a motion   successful  beforehand   of a Canadian authorities  building.

People's Party of Canada Leader Maxime Bernier made a run halt astatine the taxation centre successful Summerside, P.E.I., connected April 2, 2025. (Rob LeClair/CBC)

The person of the People's Party of Canada pledged to "abolish" the superior gains tax, on with a slew of different programs if his enactment forms the adjacent national government. 

Maxime Bernier made a run halt successful Prince Edward Island connected Wednesday, holding a quality league extracurricular the Summerside Tax Centre. 

While making nary caller announcements circumstantial to P.E.I., Bernier pitched himself arsenic a business-friendly campaigner who wants to bring much concern to Canada successful the look of a commercialized warfare with the United States.  

He said helium would little idiosyncratic and firm taxation rates and chopped taxes connected investments.

"Canada is simply a champion for handing retired subsidies to businesses, but that's not working. We are simply taking wealth from immoderate taxpayers and businesses and giving it to different businesses," helium said. 

"In this situation concern we are in, we request to beryllium bold. We request a large taxation revolution." 

Bernier's sojourn to the Island comes connected the heels of stops by Conservative Leader Pierre Poilievre in Charlottetown and Borden-Carleton connected Tuesday. 

  • PLATFORM TRACKER: Compare the predetermination promises of Canada's large parties

Bernier called taxation cuts projected by Poilievre and Liberal Leader Mark Carney "tiny," saying they bash thing to assistance Canadians successful the agelong term. 

Carney antecedently said helium would cancel a projected hike successful the superior gains tax, which applies to the nett made from the merchantability of superior assets similar stocks, bonds and existent estate. 

Poilievre has besides promised to defer superior gains taxes if the proceeds are reinvested successful Canada. 

"It's amended than nothing, but it's astir nothing," Bernier said Wednesday. "What we request are significant, much ambitious taxation cuts to let Canadian families to support up with the precocious outgo of living."

WATCH | Who's telling the information astir the superior gains tax?

Who’s telling the information astir the superior gains tax? | About That

Canada's superior gains taxation summation comes into effect connected June 25. Andrew Chang breaks down immoderate misleading claims astir the changes coming from some sides of the governmental aisle and explains who is apt to wage the caller tax, however overmuch and however often. Does it truly conscionable deed the ultra-rich?

Bernier said a PPC authorities would destruct the astir $50 cardinal fund shortage successful its archetypal year, and find surpluses to marque his projected taxation cuts successful the 2nd twelvemonth by eliminating $60 cardinal successful national programming. 

He projected nixing firm welfare, overseas assistance to Ukraine, CBC/Radio-Canada, equalization payments to provinces, what helium called "wasteful" Indigenous programs, and subsidies for diversity, equity and inclusion and multiculturalism. 

Canadians spell to the polls connected April 28. 

With files from Raphael Caron

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