Tax breaks promised ahead of federal election will do nothing for Canadians, expert says [Video]

Financial experts warn that tax cuts promised ahead of the federal election will fail to create meaningful change for struggling Canadians. 

Yesterday (April 2), it was revealed that Canada was exempt from U.S. President Donald Trump’s reciprocal tariffs on imports to the U.S. However, the situation remains touch-and-go, as auto import tariffs (as well as tariffs on aluminum and steel) remain in full effect.

With a federal election weeks away and economic panic dominating headlines, Liberal Party leader (and current Prime Minister) Mark Carney and Conservative Party leader Pierre Poilievre continue to pledge tax cuts for the middle class if voted into office. 

This has led experts to believe that, if executed, these promises will be more or less a band-aid on a bullet hole compared to the incoming bombardment of economic threats. 

“I think the challenges we have in front of us right now in the political spectrum, from tariffs to the cost-of living, I think, amid all that chaos, people …