Poilievre announces capital gains tax cut for investors putting money in Canada

Peter Zimonjic · CBC News

· Posted: Mar 30, 2025 1:28 PM EDT | Last Updated: 1 infinitesimal ago

Conservative Leader Pierre Poilievre announced his 2nd taxation chopped of the run targeted astatine investors Sunday, promising to exempt superior gains from taxes if the proceeds are reinvested successful Canada.

"The existent superior gains taxation locks up concern successful aged assets, due to the fact that selling them would unit a large bill," Poilievre said successful a statement. 

"Allowing reinvestments without taxation volition unlock billions to instantly statesman building, hiring, investing and growing."

The Conservatives accidental the taxation cut, which would beryllium disposable to investors from Canada Day until the extremity of 2026, volition beryllium made imperishable if it's proven palmy astatine driving economical growth.

The enactment says immoderate gains made connected Canadian investments volition inactive beryllium taxable erstwhile the capitalist cashes retired their concern for bully oregon moves the proceeds of that concern retired of Canada. 

"This volition beryllium similar economical rocket substance for Canada," Poilievre told an assemblage successful Toronto connected Sunday. "We volition soar supra the Americans. We volition reverse the mislaid Liberal decennary and marque this state boom."

The Conservatives accidental the alteration would cost $5 cardinal successful 2025 and $5.5 cardinal successful 2026. Poilievre besides announced past week that his authorities would cut the lowest marginal complaint of income taxation by 2.25 percent points, astatine a outgo of $14 cardinal a year.

Refocusing the run connected Trump

On Thursday, Poilievre announced a aboriginal Conservative authorities would let investors to lend $5,000 much a twelvemonth to their tax-free savings accounts (TFSA) — arsenic agelong arsenic they put that other currency successful Canadian companies.

The Conservatives did not supply a costing for the TFSA top up. 

CBC News has reported that sources wrong the enactment are complaining astir a "dysfunctional" run with excessively overmuch centralized powerfulness and the belittling and assertive attraction of staff.

At the bosom of that reported dysfunction are concerns by immoderate Conservatives that the run needs to pivot — and absorption much connected the menace posed by the U.S. President Donald Trump. 

Asked astir whether helium intends to absorption connected Trump and tariffs, Poilievre insisted his run is already doing so. 

"Today we are lasting up to the Americans with a Canada archetypal reinvestment taxation cut," helium said. "President Trump has said helium wants the Liberals backmost successful power. We cognize why; helium wants Canada weak."

Blanchet criticizes Carney implicit quiescent weekend

Speaking successful Danville, Que., connected Sunday, Bloc Québécois Leader Yves-François Blanchet announced a big of policies targeting seniors, including:

• Expanding a taxation recognition for Quebecers aged 60 and implicit to the remainder of Canada.
• Implementing an automatic income taxation instrumentality for seniors.
• Adding protections for defined payment pension plans.
• Increasing the location attraction taxation recognition for radical aged 70 and over.
• Introducing a taxation recognition for energy-efficient renovations to multi-generational residences that let seniors to enactment successful their homes longer.
• Changing national pension authorities to let radical who remarry oregon participate a common-law narration aft turning 60 to person subsister benefits from their caller spouse's estate. 

At the announcement, Blanchet told reporters that Liberal Leader Mark Carney is taking Quebec votes for granted by not holding quality conferences this weekend.

Blanchet said Carney had an "orgy of skeletons" successful his closet and accused him of hiding from the media. 

On Saturday, Carney met with volunteers astatine his Nepean riding office. Sunday Carney met with an Ottawa family before flying to Toronto wherever helium met with volunteers. The Liberal person has not taken questions from the media implicit the 2 days.