Poilievre Unveils Bold Tax Plan to Fuel Canadian Investment

Conservative Leader Promises Capital Gains Tax Deferral for Domestic Reinvestment

New Proposal Would Allow Investors to Delay Tax Payments When Profits Stay in Canada

Economic Strategy Aimed at Boosting Business Expansion and Housing Development

Conservative Leader Pierre Poilievre has announced an innovative tax proposal that would allow Canadians to defer capital gains taxes when profits are reinvested domestically. Under this plan, individuals and businesses selling assets would not face immediate taxation if they keep their investment dollars within Canadian borders.

The proposed tax break would initially run from July 1, 2025, through the end of 2026, with Poilievre suggesting it could become permanent if it generates the significant “economic boom” he anticipates. The policy is specifically designed to encourage business expansion and stimulate homebuilding across the country.

In a Sunday morning social media video, Poilievre emphasized that “the government will still get its share, but later and bigger,” suggesting the plan would ultimately benefit both investors and government coffers. The exact cost of implementing such a measure remains unspecified.

This announcement comes after Liberal Leader Mark Carney recently reversed course on a capital gains tax increase that had been proposed by former Prime Minister Justin Trudeau. Trudeau’s plan would have made two-thirds of capital gains taxable for businesses and applied to individual gains exceeding $250,000.