Poilievre offers investor tax break, Singh targets 1st-time homebuyers, Blanchet offers help to seniors [Video]

Conservative Leader Pierre Poilievre announced his second tax break of the campaign targeted at investors Sunday, promising to defer capital gains taxes if the proceeds are reinvested in Canada.

“The current capital gains tax locks up investment in old assets, because selling them would force a big bill,” Poilievre said in a statement. 

“Allowing reinvestments without tax will unlock billions to immediately begin building, hiring, investing and growing.”

The Conservatives say the tax cut, which would be available to investors from Canada Day until the end of 2026, will be made permanent if it’s proven successful at driving economic growth.

The party says any gains made on Canadian investments will still be taxable when the investor cashes out their investment for good or moves the proceeds of that investment out of Canada. 

“This will be like economic rocket fuel for Canada,” Poilievre told an audience in Toronto on Sunday. “We …