Conservative Leader Pierre Poilievre listens to media questions during a news conference on safety in hospitals in Vancouver, on Tuesday, May 14, 2024.
Conservative Leader Pierre Poilievre was noncommittal Thursday when asked what a government led by him would do with Ottawa's proposed changes to the capital gains tax. Conservative Leader Pierre Poilievre was noncommittal Thursday when asked what a government led by him would do with Ottawa's proposed changes to the capital gains tax.
But Poilievre has been reluctant to stake out a clear position on capital gains tax changes that were first pitched in Finance Minister Chrystia Freeland's April budget. The Liberal government did separate the capital gains tax change from its budget implementation legislation and has promised to instead introduce a separate bill on the matter in the House of Commons at a later date. That's expected to happen before Parliament rises for its summer break at the end of next month.
Trudeau has pounced on Poilievre's caginess about the capital gains tax change, saying the Conservatives are choosing to stand with the "ultra wealthy" over middle-class Canadians. Some cottage owners and landlords say they'll be unfairly saddled with higher taxes when they move to sell.She has said the tax hike will pull in $19 billion in new revenue that can be used to fund supports for new housing and big-ticket social programs like dental care and pharmacare."We believe that this country needs a little more fairness for every generation.
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