Pierre Poilievre unveils capital gains tax break ahead of election [Video]

As the federal election campaign enters its second week, Conservative Leader Pierre Poilievre unveiled a new economic policy proposal aimed at reducing taxes on investments, pitching his party as the best choice to stand up to U.S. President Donald Trump.

Speaking at a plastics manufacturing facility in North York, Ont., on Sunday, Poilievre said the Canada First Reinvestment Tax Cut is designed to incentivize Canadian investors to reinvest capital gains domestically by delaying their tax hit if the proceeds stay in Canada.

Meanwhile, at a campaign stop in Port Moody, B.C., NDP leader Jagmeet Singh said the Conservatives appeared to be in “internal disarray” over how to respond to the United States.

Poilievre brushed aside suggestions he focus his campaign more squarely on the threat posed by the U.S., arguing the reinvestment tax cut would bring billions of dollars into the economy to help Canada fight Trump’s tariffs from …