Canada’s Poilievre Promises to Reverse Capital Gains Change (2)

Pierre Poilievre, the leader of Canada’s Conservative Party, is promising to eliminate the increase to the capital gains inclusion rate if elected.

Poilievre made the announcement in a social media post on Thursday, saying the tax “was a bad idea before President Trump’s tariff threat” and that “it is outright insanity now.”

Pierre Poilievre

Photographer: Cole Burston/Bloomberg

Poilievre, whose party is polling more than 20 points ahead of the incumbent Liberals, cited a report from the C.D. Howe Institute estimating the increased inclusion rate would reduce employment by 414,000 jobs.

Trudeau’s government introduced the change in last year’s federal budget. It increased the ...