Canada First Reinvestment Tax Cut
Whereas during the Lost Liberal Decade, half a trillion dollars of investment left Canada for the United States.
Whereas the capital gains tax causes a lock in effect where companies and individuals hold onto assets instead of selling them to be developed because the capital gains tax takes such a large share of the profit that it doesn’t make financial sense to sell.
Whereas the Canada First Conservatives have announced a plan to bring home jobs and investment with a Canada First Reinvestment Tax Cut that allows anyone who sells an asset to pay no capital gains tax on whatever proceeds they reinvest in Canada.
We the undersigned support Pierre Poilievre and the Canada First Conservatives’ plan to bring home jobs and investment with a Canada First Reinvestment Tax Cut.