Conservative Leader Pierre Poilievre plans to unveil an economic strategy that includes reversing the capital gains tax increase and retaliating against US President Donald Trump's threats of tariffs on Canadian goods. Poilievre argues for targeted tariffs on American imports to counter Trump's proposed 25% tariffs on Canadian products. He also intends to address the issue of potential export restrictions on Canadian energy.
Conservative Leader Pierre Poilievre will soon lay out his own strategy to confront U.S. President Donald Trump ’s threats to Canada as part of a broader economic agenda that, if he becomes prime minister, will include a promise to roll back the capital-gains tax increase.
A meeting involving Prime Minister Justin Trudeau and provincial leaders ended Wednesday with Alberta Premier Danielle Smith refusing to sign off on aon Canada’s response plan. She blamed Ottawa’s unwillingness to rule out export levies or restrictions on energy exports as part of possible retaliatory measures.
But, he told The Globe that he made the decision to announce his promise to rollback the capital gains tax increase this week because of Mr. Trump’s manoeuvring. The opposition Conservatives voted against the increase, but Mr. Poilievre had yet to say directly that he would repeal it. While that’s not scheduled until October, 2025. Mr. Trudeau’s decision to prorogue Parliament and announce that he’ll resign as leader upon the election of his replacement, however, has sped up the likelihood Canadians will go to the polls as early as this spring.that she may renounce the capital-gains changes as part of her efforts to distinguish herself from Mr. Trudeau. She quit as finance minister on Dec. 16.
TRADE WAR CAPITAL GAINS TAX PIERRE POILIEVRE DONALD TRUMP ECONOMIC POLICY
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