Poilievre Dangles Invest-in-Canada Tax Breaks as Vote Nears (1)

Conservative Party Leader Pierre Poilievre is promising to scrap capital gains taxes if the proceeds from an asset sale are reinvested in Canada.

Companies would be able to defer any capital gains tax when they reinvest the money in active Canadian businesses, according to a news release. They would still have to pay taxes later on when cashing out the investment or moving the capital out of the country, the Conservatives said.

The proposed break would apply to reinvestments from July 2025 to the end of 2026. But the Conservatives said there’s a chance they would make the tax ...