Juno News - April 12, 2025


Poilievre’s proposed tax cuts and how they’ll effect Canadians

Mentioned
Polyev Jack Mintz Polyevin
Mark Carney vows to defend access to puberty blockers Poilievre hosts record-breaking rally in Edmonton

Episode Stats


Length

2 minutes

Words per minute

169.9

Word count

344

Sentence count

15


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, Candice talks about the key policies introduced by the Canadian Taxpayers Federation (CTF) in the election so far, and why they are so important for our economy. Candice is the Campaign Manager for the CTF and has been with the Taxpayers federation for over 20 years.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 What are the key policy platforms introduced? Let's start with the Conservatives. So can you
00:00:06.300 walk us through what you think are the most important policies that they've introduced so far?
00:00:12.000 Well, you know, let me just say, like, being with the Canadian Taxpayers Federation, I'm definitely
00:00:15.980 happy to see all the tax cuts that are coming into play here during the election. And, you know,
00:00:21.440 Mr. Polyevin, his Conservatives, he's offering some much-needed tax relief, and I think some
00:00:26.720 tax changes that could really supercharge Canada's economy. But let's start with the
00:00:31.660 income tax cuts, right? So Mr. Polyev is proposing to cut the lowest income tax rate by 15%.
00:00:39.580 Okay, so that would save your two income family up to about 1800 bucks a year, right? So that's
00:00:47.900 good news, because here's the thing, life is so unaffordable. I know a lot of media talking heads
00:00:53.200 want to talk about everything else, but look, the cost of living crisis is still here and keeping
00:00:58.740 1800 bucks in a family's budget every single year is big time savings, right? And look, like
00:01:04.920 the best way the government can help Canadians deal with all aspects of life in terms of
00:01:09.840 affordability, it just let us keep more of our own money, right? And Polyev's income tax cut would
00:01:15.640 do just that. But Candace, let's talk about actually growing our economy here for a second.
00:01:21.380 And this is a really interesting policy promise from Polyev.
00:01:24.800 He wants to defer capital gains taxes.
00:01:28.480 So if you sell an asset and then you reinvest that money back into Canada,
00:01:33.720 well, you're not going to be paying capital gains taxes on that when you make that reinvestment.
00:01:38.360 So I think that is a huge policy announcement to actually grow our economy
00:01:43.160 to encourage more reinvestment back here in Canada.
00:01:46.540 And, you know, Jack Mintz, a very reputable economist,
00:01:49.480 He says that could put $90 billion into Canada's economy over the medium term,
00:01:56.420 lead to more than 200,000 new job opportunities for Canadians.
00:02:00.400 So that's a huge move.