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
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.
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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."
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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