Poilievre says new capital gains tax is 'nothing short of economic vandalism' 

If someone is still thinking about voting liberals they are actively working against Canada

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

The question is how to convert your salary into the investment funnel without double taxation. you pay taxes once it's earned, then buy stocks etc and get taxed again once you sell for gains. How do I skip the first tax stage? I want to invest over 300k on the stock market, how do I achieve this

The most depressing part of this interview is the fact that we have to wait 14 months for JT to exit

Pierre has my vote

Never...EVER....vote Liberal!!

The more we subsidize housing the more it will cost. It happens every time and is well studied. In BC they made a new home buyer tax credit which gave everyone $50k for a house. The effect was all the house became immediately $50k more expensive because everyone’s budget just increased that much. Supply and demand.

Just moved my business to BVI. Screw you Trudeau!

Trudeau Must go!!

FJT

5m in and I already know more about his plans in a clearer way than anything TrueDope mentioned/has done/will do

the common sense is a breath of fresh air

Castreau and Freakland are going full scorched-earth policy in their way out...

In Joe Oliver's 2015 / 16 federal budget , total revenues were $290 Billion , Yet in Freeland's 2024 /25 budget , total revenues are projected to be $465 billion . So even with a $175 billion increase in federal revenue , Freeland is still running a $40 billion deficit budget . This is insanity . .

I've never seen Chrystia Freeland speak with BNN.

Most people are going to feel this tax especially after a life of work. Top elite tax my ass.

Gotta be honest.. I didn't like the non answer Pierre... If you don't roll back the tax and gun regulations Trudeau brought in ill switch to PPC for life.

PIERRE HAS MY VOTE..FJT

Well said ❤🇨🇦

What a stud. Exactly what this country needs at this time.

Good interview, thank you for letting him speak, I appreciate it.

Canada hasn't been so bad only under this government

I wish we could just call an election so we can hear where all the parties stand on key issues.

how much clearer does he have to be… air heads he has to waste time talking to. i admire his patience

Cut spending, lower taxes

It is a painful and costly wait till the next election. Thank you, Jagmeet.

I am getting sick of the conservatives not explaining their positions! 😡

JT will give Ukraine 7billion CAN dollars 📢 what about us Canadians?

I believe Poilievre will be the hope of Canada. I love the reporter for her absolutely important questions.

As someone who works in construction PP is 100% right about the bureaucrats getting in the way. Permits take forever. The changes we are forced to make do not improve the longevity, safety or enjoyment of a home. It only drives up the cost significantly. Desk jockeys don’t build homes. People with tools do

To point out , this increase in capital gains tax is a retroactive tax . If a person has spent years building up a business , cottage or second house , there will be a tax increase on this asset they have spent years building up . .

It's hilarious that Skippy has working people shilling for the rich. How many average Canadians have capital gains in excess of $250k yearly on top of their person income?

Pierre Trudeau introduced capital gains tax in 1971. Before that, Canada had zero capital gains tax. If Pierre Poilievre cut it to zero, OH MY GOD every major company in the world will be coming to Canada and could set this country to prosperity to rival UAE, Dubai and the other oil rich nations.

Nice to here a politician be open about the state of of Canada and not deflect to DEI in responding to questions.

using taxes to build homes? So our money to pay other people's homes?

I am in favour of taxing the wealthy but JT definition on who is rich is ridiculous. The $250K mark for capital gains is not taxing the rich at all. JT is hurting middle class, small business, and families who have saved for years to own a second property or cottage.

I say we vote that Trudeau pays taxes on all of his assets including his trust fund

Bro talking about food inflation but refuses to push any extra laws onto Loblaws 😅

A career politician who has spent his whole career defending corporations and the wealthy. A real man of the people.

A conservative majority is Canada's only hope

Poilievre says "keep your hands off my cash" as he swims the parliamentary current to protect his investments, indifferent of the cash strapped Canadians his actions injure.

“If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.” ― Malcolm X PP in a nutshell.

We're closing our business as well. What do I work for? The lazy government employees. Not anymore! FJT

Nice to hear someone actually answer questions truthfully instead of the BS lies like we get from turdboy and freebase.

So he gets the opportunity to talk about his plans and he spends the time talking about JT.....we already know the issues, TELL US WHAT YOU ARE GOING TO DO!

If 99% people are wealthier, will their country rise to be the leader of Happiness and Healthiest nation ? We wonder why NO GOVERNMENTS want that for their people? Why ?

Back Conservatives and come out in support and vote for CP and Polievre

That was a great interview.

LOL sure PP, gotta protect those big donors. I am not a liberal but at least I can understand economics and your type of policies have not done anything for low and middle income Canadians for 60 years.

Defund cbc. Stop wasting money.

Oh come on. It only applies to capital gains over 500k. How many people have that? Principal use properties are not taxable. Farmers get everything from the government. Construction companies are not getting capital gains as their primary income. If a house flipper is earning 500k per year then he is doing very well and can afford new taxes. How are doctors getting capital gains? This is not that big of a deal. They shouldbe attacking spending. That is the biggest problem in canada.

I sincerely hope these aren’t false promises Otherwise a lot of people will be devastated in debt & house loss never nind getting one

Liberal/NPD must go!!! PP for PM!!! H'is the best!!!

Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account.

tax the people who make jobs -- they leave canada for someplace else

There's something very wrong when 30% of a new house cost is government bureaucracy.

The relationship between wages, productivity, and employment in Canada is a complex one. Stagnant wages for both employers and temporary workers have been a topic of concern in recent years. However, the causality between these wage trends and productivity levels is not straightforward. According to Statistics Canada, productivity growth in Canada has been relatively sluggish since the late 1990s (Statistics Canada, 2021). During this period, real hourly compensation for employees grew at an average annual rate of only 1.3%, while labor productivity increased by an average of 1.5% per year (Statistics Canada, 2021). This shows that wage growth has not kept pace with productivity growth in Canada. Temporary workers make up a significant portion of the Canadian workforce. According to the Canadian Centre for Policy Alternatives, there were approximately 1.4 million temporary workers in Canada as of 2019, representing about 9% of the total labor force (CCPA, 2020). The wages paid to temporary workers are often lower than those paid to permanent employees (CCPA, 2020). This wage disparity leads to lower morale and motivation among temporary workers, potentially impacting their performance on the job (Brown et al., 2018).and forces down wages for the permanent workers in canadian business . Moreover, stagnant wages for employers also negatively affects productivity. When employers are unable to pay competitive wages to attract and retain skilled workers, they are forced to rely on less experienced or less qualified employees (CBC News, 2018). This results in decreased productivity due to the learning curve associated with new hires and/or the need for additional training and supervision However, it is essential to note that correlation does not imply causation. While there is evidence suggesting a link between stagnant wages and decreased productivity by Canadians, it is not clear that one directly causes the other. Other factors such as technological change, skill mismatches in the labor market, and economic conditions also play a role in determining both wage levels and productivity growth in Canada (Baldwin-Edwards & Fanelli, 2017).

😂😂😂 God forbid that the rich should pay taxes to help our country!

Didn't the BOC just recently say how production/productivity is very low and worrisome? So. If it's true that this tax creates less stimulation for people to invest more in capital and inovationn for boosting production, then we're screwed?!?

Trudeau was never taught the children's story of the 'Golden Goose'...

Im a residential builder in BC. The amount of money spent on permits, consultants and permits have rose dramatically over the years. Also when it costs more for a bussiness to run every trade and supplier charges more and it just gets put onto the consumer.

Why is the government the arbiter of generational fairness? Why can't hardworking parents decide which children receive their investment/retirirement funds? Why is the government who would redistribute those funds to others or potentially even to other countries? No one has even guaranteed that this money would benefit only Canadians if that's one's worry about fairness for Canadians

The last person to be talking about being criminal

Great interview. Love Pierre and Amber

Enough with the trickle-down BS. No policy, jusy empty words.

Does anyone out there know that the Capital Gains Tax in the United States is only 10%?

He isn't wrong.

Im selling a real estate asset. Does the new tax hike start June 25th or what? Is there any way this is not happening?

Marine Le Pen addresses the rise of national parties across Europe: "In the face of the difficulties of the last seven years we owe it to millions of French people who have suffered 7 years of contempt and u-turns, skyrocketing energy and housing bills, security and migration outbreaks! To speak the truth about the state of our country to be said when Emanuel Macron came to power he said to his deputies: we are proud to be amateurs!

The irony coming from a supporter of supply side economics and the poliices that stemmed from it.

Then let them see the documents, and end the discussion. If the conservatives are wrong they would have to publicly acknowledge that, and apologize. Continuing to block access, (and yes I watch these committee meetings) only lends to the belief that there is something to hide.

True how can u cut tax without looking the book which must be terrible under our lovely finance minister

You mean extortion. Prior to 1917 Canadians paid 0% tax on income. What happened?

Can't wait for the next town hall barrel thumper with cousin Alfalfa. Give the man a pointer and let him do the weather report

Pierre you are so Awesome and your honesty and truthful ness. I am proud to say I am proud of being Conservative and the Party is Great. Love to you all. God Bless😊

This was a good one I like the way he's talking

Trudeau's team of Liberals and Poilievre's team of Conservatives should be the key speakers at each summit of Chambers of Commerce, Boards of Trade, Professional associations and Small business councils so each team can have their chances to directly answer the questions from the people who are impacted directly from the Capital Gains taxes increases.

This guy should just rebrand himself a republican. Low taxes for the rich, no environmental protection. Let the private sector fix the housing crisis, the same people that caused the housing crisis. What a shock that Bloomberg is on board. Riches for the rich.

Vote for Pierre Poilievre!

We don't want to be living on top of each other in cramped, high cost, cheap quality, government housing. We want the government to get out of the way so businesses and public sector can come back and we can build and fix our economy and live non-dependent lives. We need to get out from under the massive wieght of this over burdening government.

If the Conservatives do not reverse the new capital gains tax, then why would we vote for them?

Now what about the doctors is he willing to stop taking payments from the college of doctors and surgeons to obstruct educating doctors for Canadians like they have been doing for more than 30 years now Will he double the spaces in the medical schools Will he demand that those tax-free government subsidized medical schools educate doctors to practice in Canada a minimum of 5 years before they can go anywhere else.

21 billion on consultation…we need more workers

The Harper Government, which Pierre was part of, started the outsourcing of the federal government. The payroll system boondonggle is Harper's legacy.

I can't stop the government from increasing taxes. What I can do is reduce my spending as much as possible.

A capital gain is not generated by running a business; it’s generated by selling it. If your goal is to run a successful productive business, please keep doing so - with no change in your taxes. Generous new exemptions for startups mean capital gains taxes will fall, not rise, for genuine entrepreneurs. Pierre's misleading working-class Canadians about the capital gains tax.... He pretends to be the Robin Hood of working-class Canadians! Working class Canadians are much smarter than you think Pierre.... They do their own research! Conservatives whenever the friends of working-class Canadians never have been never will be! That's why he voted against the capital gains tax!

Thanks for your big compassionate heart and your incredible smarts Mr Pierre Pollievre. Bless you in your endeavour to bring peace, freedom and security back to Canada. Thanks for you service to Canada already!

This is a real leader. Understanding of the economy and all the massive issues that the Liberals have unleashed on us. Thier sick joke on Canadians cant end soon enough.

I'm not convinced by either side of this argument. No one really seems to have any evidence and they're just relying on political rhetoric. Why is the capital gains inclusion rate a thing at all? It only benefits people with enough money to make money by not working.

Exactly.

go go Pierre you got my vote

I love to hear some policy talk for once. Poilievre needs to pivot to a unifying message and a message of hope. So far I like what I’m hearing on his plans.

Contractors and businesses build homes, not government. Local government taxes the crap out of us to even renovate a home. $3,800.00 my friends paid to renovate their house in just permit taxes to the municipality. To demolish a garage in this small city is $500.00 in permit fees. $800.00 fine for an inspectoebwho was turned away after showing up to a jobsite without identification, no city clothing and an unmarked vehicle. He got pissy and also wrote a 2 week stop work order. Power tripping inspectors are a big issue and roadblock to development. The building codes are also being misinterpreted by some of these clowns and costing people tens of thousands in wasted money. Cut the BS, and cut out government from our lives. Less bureaucracy, Pierre is right on the money 💰 make Canada grow by cutting back government BS

Balance the budget by cutting spending!! Encourage jobs so that parents can buy food for their children.. they don't need more bureaucracy to establish a "breakfast program" at schools. Teachers need to teach!!

STILL waiting for Trudeau to fix the election process he said he would fix in 2016...

You know with the cost of housing and cost of living , the massive increase in the money supply devaluing the dollar , the carbon tax , and now this capital gains tax , why would any young person with talent stay in Canada ? .

Here is the reason why I am an actor, Peter Canada I’m struggling to progressive Conservatives for 60 some years I can’t take them anymore I Mandy fossil fuel for the mower to need his greed

I don’t think polievre knows what a capital gain is. Lol. It’s genius though, he gets his base riled up because they also don’t know what a capital gain is.

Good! Pierre for Prime Minister 🇨🇦

How about the Landlord Association that has been lobbying Conservative strongholds like Alberta to ignore the plight of renters (60-80% of today’s population) for over 30 years, even while we’re in the greatest housing crisis in history)! When Alberta is the Conservative stronghold province of Canada, what does this say for the future hope for our country and citizens?! Alberta Conservatives are why the country has voted Liberal to begin with!!!