Poilievre says new capital gains tax is 'nothing short of economic vandalism'
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- เผยแพร่เมื่อ 12 มิ.ย. 2024
- Pierre Poilievre, Leader of the Conservative Party of Canada, joins BNN Bloomberg to discuss his opposition to the Liberal's plan to increase the capital gains inclusion rate.
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If someone is still thinking about voting liberals they are actively working against Canada
Canada ranks SECOND WORLDWIDE AS BEST COUNTRY under TRUDEAU. Maybe you're thinking of when Harper and PP removed the safe water regulations across Canada at the expense of YOUR FAMILY'S HEALTH so frackers could make billions. Was that 'working for Canadians'. OH, I know, ,maybe you mean when PP voted NO on health care expansion, housing and grocery initiatives while WHINING THAT THE LIBERALS WON'T MAKE THOSE THINGS AFFORDABLE. Or maybe.... there is soooo much more. Do you want to hear more?
Say something that actually entails that you're worth no throwing into a wood chipper. Say something that isn't empty-headed nothing.
0.13 per cent of Canadians would pay higher taxes on their capital gains. Only a small share of corporations will be affected, noting in the budget that 12.6 per cent of corporations had capital gains in 2022 Pretending this is a "catastrophe" is deeply ignorant or dishonest. Even for those it does effect, they only make slightly less on the profit they make. Working against Canada? You are drowning in hyperbole, get help!
and if PP doesn't support this change then he is also working against middle class Canadians. Learn what the Inclusion rate on capital gains taxes over $243K a year means. This is just more proof PP doesn't care about you.
or they are benefittin in some way...perhaps feeding on the teats of the taxpayers
The most depressing part of this interview is the fact that we have to wait 14 months for JT to exit
it will be a National Holiday when he leaves! FJT!!
@@chelseagirl278 He's going to win in 2025, because Polievere is just that scummy.
@@BrotherAlphaTalk about delusional. Wow.
@@BrotherAlpha Sure he will, Sister Beta. The polls have been consistent for over a year with roughly 210 for Pierre and 70 for Justin. Enjoy the Conservative majority for the next decade minimum.
Cannot be true.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
The question is how to convert your salary into the investment funnel without double taxation. you pay taxes once it's earned, then buy stocks etc and get taxed again once you sell for gains. How do I skip the first tax stage? I want to invest over 300k on the stock market, how do I achieve this
I have been doing the same thing myself, using the market to shield myself from the market. But I hate making mundane decisions, so I just invest through an advisor, making good profits, avoiding taxes, while doing very little work.
I Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Just moved my business to BVI. Screw you Trudeau!
Where's BVI and do they allow asylum seekers? 😁
Tax goes through for small businesses I will close down my business and leave this country I've had enough of this government taxing us too much
@@ClarkGreaseball British Virgin Islands. Costs ~$2000 to setup an incorporated company. Takes ~7 days. Zero taxes, $1500 per year flat fee.
@@curtis1397 😲 Thanks! I wanna be a British Virgin too! 😁
@@curtis1397 Good luck sir, I wish you well! 👍
Trudeau Must go!!
too late
Yup. Bring on the next Liberal PM. Pierre Poilivre is anti-Canada, anti-democracy conspiracy theorist who is unfit to be PM because he refues to answer security questions.
At Pierre hast to go, but he’s not going so you’re gonna choose them. I’m live in Canada. I’m going to Australia where there’s renewable sector not this garbage.
Castreau and Freakland are going full scorched-earth policy in their way out...
how is asking rich people to pay their fair share of income taxes a scorched earth policy?
@@pacman3556Every time they claim to tax the rich, working gets hurt. Rich people usually own business they can pass the cost down to the working class and hire special accountant to write off income as expenses. Working class have non of that.
@@pacman3556The rich can also take their business and jobs elsewhere where tax is lower. For example our neighbor down south, they have lower tax, rich customers and better economy in general. Why stay when there are better options.
@@pacman3556 How are the rich not paying their fair share? 40% of income tax comes from 1% of Canadians. The wealthiest Canadian’s pay the most. 66% capital gains tax hurts everyone.
@pacman3556. It will not only impact those you view as the super rich and everyone knows it.
If you think that a person who has committed 12 years of study and countless hours of work toward be coming a doctor at great expense, is going to allow you to steal a big chunk of their retirement, you are out to lunch.
Maybe you should ask your spend happy government why we are so much further in debt and everything is worse? You think the solution is giving them more money to squander? Really?
Never...EVER....vote Liberal!!
Yeah, 'cause MAGA is sooo much better. LOLZ.
Go team!
@@roofpizza1250 Wrong country, useless comment, waste of internet.
@@roofpizza1250try to focus on Canadian politics here…..hard to do when all you watch is CBC Liberal propaganda 😆
PP’s answer to the first question is not to commit to cancelling the tax but more grandstanding and whining about JT while refusing to discuss his platform and then saying he will reduce taxes. The Libs said the same no?
These are people who are running for an election by the people that ALL are denying them the respect of committing to answers that people want to know.
Yes JT sucks, but anyone that outright denies a party is an extremist.
FJT
FCF and FJS...easy guess.
love justin trudeau
@@canada.589 You can chew Trudeau's 3=o
@@canada.589Afterall it’s 🌈 month
@canada.589. Why? Crime is rampant, homelessness and drug abuse through the roof, housing crisis, social programs near collapse, immigration rates that exacerbate these issues and a government with a spending problem who have amassed a deficit larger than all other governments combined.
The banks, many economists and even two former liberal finance ministers all agree that Trudeau’s policies are driving inflation.
Terrible handling of Covid, lying about how taxes work to our face while digging in our pockets, terrible foreign policy, multiple scandals, blocked investigations or investigating themselves and membership that has very likely committed treason.
So, I ask, what are you getting from this and why stick by a government with that record?
The more we subsidize housing the more it will cost. It happens every time and is well studied.
In BC they made a new home buyer tax credit which gave everyone $50k for a house. The effect was all the house became immediately $50k more expensive because everyone’s budget just increased that much. Supply and demand.
The more it add to the debt, the more tax, the more everything. This Country is crumbling under massive debt. If you are a smart Investor or a Business owner, you have tough decision to take, cant give raise, cant keep up and then bankruptcy, people don't have a job anymore, more pressure on the Social Assistance therefore more tax again...its a vicious circle
Correct. Subsidisation leads to higher prices.
While we're throwing it away let's insulate our homes, replace the lighting, buy an EV, replace old (working) cars and appliances for new off-shore products. Canadians pay more every time the so-called leaders hand out more of our money and the rich and the government reap the rewards.
BC is its own special case. Absolute lunacy divorced from reason and evidence to fuel policy.
Everyone here, well said 👍
Pierre has my vote
FPP
Do you know anything about economics? or are you just a sheep being fed to slaughter?
@@yannyloyer7177Looks like you’re outnumbered 88 to 1 lol
@@yannyloyer7177fake bot
In Joe Oliver's 2015 / 16 federal budget , total revenues were $290 Billion ,
Yet in Freeland's 2024 /25 budget , total revenues are projected to be $465 billion .
So even with a $175 billion increase in federal revenue , Freeland is still running a $40 billion deficit budget .
This is insanity .
.
No, it's Freelandrescher.
Additionally, Why have they introduced this Federal dental plan? They already stated the Healthcare system was overwhelmed. Clearly we can't afford this.🤔🙄 They really are trying to bribe us with our own money 💰 aren't they?
We are in the middle of significant Infrastructure and other vital Investments. Things cost money, sorry.
@@sandorski56 We are not, the money is coming off the working people to pay for his new voters, there is no infrastructure building unless you consider paying other countries for a few batteries.
@sandorski56 that is a load of bull some of that money is also being sent to other countries.
the common sense is a breath of fresh air
He is a slumlord, of course he will oppose this tax.
@@judithrochon7837another bdlc!
@@judithrochon7837 Don't get tricked the division tactics. Dictator governments divide the people using class and race. Then they extract money, as everyone is distracted and fighting. Look at 150million Arrivecan app, 8b green slush fund, billions in housing funds, ukraine money, on and on. Its all an illusion, things are getting worse. I refuse to believe the people of Canada are fools. Change is coming
@@judithrochon7837the labels that could be used to discredit Trudeau….
@@judithrochon7837 You realize how many MPs own multiple properties?
5m in and I already know more about his plans in a clearer way than anything TrueDope mentioned/has done/will do
So true, and in-yer-face evident right on the freaking surface level. I don’t understand why everyone can’t see it.
In nine years !!!
TH-cam what have I done wrong? Why are you cutting me off from everyone? Why are you deleting every single comment I mad? It’s not human or even humane.
I've never seen Chrystia Freeland speak with BNN.
Not qualified 😂
Neither have I. What What about Trudeau
Vassey got her though, go watch that
Most people are going to feel this tax especially after a life of work. Top elite tax my ass.
Cut spending, lower taxes
this change won't affect 95% of Canadians. It is making rich people pay their fair share in income taxes. Why would you be opposed to that? Everyone in Canada rich or poor are equal so why should middle class and poor people pay more in taxes?
@pacman3556. Stop lying to people dude. I know a few people right now who will lose a big chunk of their retirement when they sell off a few small properties. You know what property is worth right now, right? These people are hardly fking rich.
Why don’t you go make something of yourself instead of demanding a hand in other peoples pockets?
@pacman3556 literally every small owner business will pay more. If they cut frivolous spending, they wouldn't need to stick their hands deeper into the pockets of hardworking people.
This tax increase will affect everyone because it will drive up the cost of business and deter investment in Canada.
Liberal bullshit, tax, and spend uncontrollably.
So not PP either than. So who?
@@pacman3556Because Canadians don’t want to spend more just to tax the rich for it.
We want lower spending and lower taxes for everyone. Period.
I wish we could just call an election so we can hear where all the parties stand on key issues.
When there’s an election
@@ronmurray7349 Cut the tax on Farmers, Home Builders, Health Cares, and the .2% of the population that own Business that employs Canadians
@@ronmurray7349Do you own a Business that employs Canadians? If so does it have more than 10 employee? Do you have a background in Ecomonics? I do have a Business that currently employs 35 Great Canadians with their beautiful Family, I do have a Bachelor Degree in Business Economics and this will be a disaster on my ability to give raise. Get it yet?
@@ronmurray7349 When we call an election, pay attention child.
@@Murderwords-bw5tewhy does an election need to be called before the leader of a party campaigning for votes will tell voters what his platform is? He couldn’t even give a straight answer to the first question about whether he would commit to axing the capital gains tax. He spends more time complaining about his adversaries than providing details about his big ideas.
Good interview, thank you for letting him speak, I appreciate it.
Gotta be honest.. I didn't like the non answer Pierre... If you don't roll back the tax and gun regulations Trudeau brought in ill switch to PPC for life.
how much clearer does he have to be… air heads he has to waste time talking to. i admire his patience
its liek an iq test tho.. ask the same question 3 ways to see if the position changes at all .. best way to flush out a liar . frame it friendly , then confused , then. be belligerent
He's an idiot !
He's being just as vague as any politician!
@@Oznarchybegone Liberal.
@@Backtoreality1873 You know I'm right.
JT will give Ukraine 7billion CAN dollars 📢 what about us Canadians?
Freeland has a vested interest in giving Ukraine money, she has multiple properties there. Unfortunately, it is NINE BILLION!
@@chelseagirl278proof or no balls.
Canada is basically a helpless country. We do not have significant military assets. Therefore we rely on common defense to protect ourselves . If we do not support common goals then they will not support us.
Crickets...we get nothing but zee bugz
@@iam1smiley1 When am I gonna eat the bug? I've been waiting 16 years, and your promises are empty.
Canada hasn't been so bad only under this government
It is a painful and costly wait till the next election. Thank you, Jagmeet.
I am getting sick of the conservatives not explaining their positions! 😡
If they did, your Liberals will steal ideas that they are not capable of creating for themselves. Give your pathetic head a shake - but not too hard - you will give yourself a shaken brain syndrome.
@@1Daryle that is a sad pathetic argument to make.
Not at all. You understand pretty much nothing about politics
I believe Poilievre will be the hope of Canada. I love the reporter for her absolutely important questions.
Yes at least she followed up and asked him a 2nd time if he would repeal the law if passed. 👍 To be honest, we're gonna have to repeal this dental plan. It's just a voter bribe. We can't possibly afford it.
He is just apart of the Uniparty. Keeps sending our money to Ukraine. Time to get out, if you can.
@@truthteller6743sure edge lord. Stay in the basement.
@@truthteller6743 🤔 Agreed T.T. I have serious doubts that he will make any significant reformations to any of the atrocious legislation the Lib/NDP have passed in the last few years. Even if he would attempt it, depending on what the minority/majority party control in Parliament looks like after the next election he would still have to rely on another party supporting his legislation to get it passed. It would be a deadlock situation.
He is WEF. No thanks. PPC all the way!
Well said ❤🇨🇦
it was all lies. This is not a job killing tax increase. This is an increase in the inclusion rate on capital gains on personal income taxes. It has nothing to do with businesses or business taxes. PP is lying to you. This increase in the inclusion rate makes rich people pay more of their fair share in taxes. Why would you oppose that? Why should us middle and working class people pay more in taxes then a rich person? We are all equal....let them start paying the same amount that we do.
@@pacman3556 What rich people? Anyone who bought a house in Ontario in the last tens years will be paying 66 percent capital gains tax if it isn't their principle residence. The tax affects most middle class people.
@@nickyfurlano8531Rich people as in people defined as rich. People that make over $243K per year in capital gains are defined as upper class or rich.
This is also not a 66% tax on anything. You don't seem to understand our tax laws.
This is a change in the INCLUSION rate in which people are allowed to write off income that they pay taxes on on their personal income tax form that the MARGINAL tax rate is applied to.
This is not a tax on anything.
Housing is exempt.
Middle class do not make $243K per year in capital gains (if they did they wouldn't be classified as middle class)
This won't effect you at all.
Learn.
To point out , this increase in capital gains tax is a retroactive tax .
If a person has spent years building up a business , cottage or second house , there will be a tax increase
on this asset they have spent years building up .
.
Canada is about to go through the biggest wealth transfer in history as the boomers die and Generation X inherits those assets. The Feds know this and I fear they're gonna introduce a massive estate tax increase! 😞
100%. My father who's been a factory worker his whole life, kept some cash in savings account, only owns a duplex. He will have to sell his home to fund assisted living soon, and the trudeau/freeland/Singh wants more of his money.
@@chatwithjat Not 100%. Your father will not pay any taxes if the duplex is his principal residence.
@sahils1867 duplexes are not principal residence only a portion is. Same for triplexes, fourplexes, etc.
In many parts of Québec this is the typical home we have. Most boroughs in Montréal are comprised of plexes, not detached homes.
Only one unit would be but the other units wouldn't @@sahils1867
PIERRE HAS MY VOTE..FJT
So that means you are either a traitor or a white nationalist…..which is it? Are you a traitor? Or are you a white nationalist? Anyone who who supports someone like this grievance performative politician has demonstrated their severe lack of emotional and intellectual maturity, as proven by your post, supported by a devastating lack of critical thinking skills necessary to present as something other than a goober🤦♀️ never voted JT but will never support this traitor and his party lies and corruption give me someone with substance and that’s not who we have in front of us the conservatives are lost just like the Republican Party south of the border…along with those who blindly follow because they believe it makes them somehow relevant on social media lol lol lol lol lol lol
Pierre Trudeau introduced capital gains tax in 1971. Before that, Canada had zero capital gains tax. If Pierre Poilievre cut it to zero, OH MY GOD every major company in the world will be coming to Canada and could set this country to prosperity to rival UAE, Dubai and the other oil rich nations.
LOL
@@leilakullar356 Do you enjoy your non utility?
The same time they screwed the family farms. Drop capital gains.
🤔 Yeah, but isn't that what Ireland did and now the cost of living is ridiculously high for the Irish taxpayers?
People arguing against this punitive tax should learn what it entails and how it affects investment into canada and the economy. Answer: it will cause investment to drop yet more in canada and people to leave.
What a stud. Exactly what this country needs at this time.
Strange how he dresses as a liberal, nice tie and sounds like a trumptard.
Stud? Are we looking at the same troll?
using taxes to build homes? So our money to pay other people's homes?
Pretty much only longer term rentals as well
And who’s homes are these?
lol now that you say it like that, that’s hilarious. The absurdity!
Lots of "businessmen" who did the Donald Trump thing and mortgage rental properties to have a "business plan" that tenants will pay the debt.... LMFAO sounds legit and the only way to stay afloat is borrow more to rent more... And who to rent too? International students who have been flooding into the country to do more of the same business model.
The new comers. @@billybeefcake6543
Poilievre says "keep your hands off my cash" as he swims the parliamentary current to protect his investments, indifferent of the cash strapped Canadians his actions injure.
As someone who works in construction PP is 100% right about the bureaucrats getting in the way. Permits take forever. The changes we are forced to make do not improve the longevity, safety or enjoyment of a home. It only drives up the cost significantly. Desk jockeys don’t build homes. People with tools do
You can thank PP for that and his ilk along with neo liberals that were indifferent to and benefited greatly from real estate developers and the real estate industry being one of the biggest lobbyists in Canada. And how they have great influence on government polices regarding regulating the industry to how cities are zoned and how many are actively rigged to prevent new supply that is needed the most.
What has Poilievre put forward to deal with REITs?
I could take you to suburbs in Vancouver and show you quite a few lots zoned for low multi-dwelling low rises that had permits issued to them two years ago, but nothing started or torn down on them yet oodles of lots zoned for single houses with construction starting as soon as the permits are issued.
Housing developers drool over lots zoned for single homes; not so much for multi-dwelling low rises. More money for them to be made on lots zoned for single family homes and buying up single family homes. Second to that is delaying building on lots zoned for multi-dwellings.
Don’t kid yourself, developers money still floods the political system, but not like it used to in BC yet they and the real estate industry still benefit when a municipality is “reluctant” to allow land to be developed in cities where speculative investing is rampant that benefits speculative investors like PP. Where was PP when there were no limits on the amount of money that development corporations could supply to political parties?
Developers are not the same developers of what we have seen in the past like that of the 70s and 80s; a whole different animal now thank to polices created by economic conservatives in both parties. It’s no secret that there is no lack of developers withholding undeveloped properties from the market in anticipation of greater future gains and want to keep it that way.
There is more than one reason why it is not required by developers to build when they are issued permits by governments.
It's hilarious that Skippy has working people shilling for the rich. How many average Canadians have capital gains in excess of $250k yearly on top of their person income?
So he gets the opportunity to talk about his plans and he spends the time talking about JT.....we already know the issues, TELL US WHAT YOU ARE GOING TO DO!
He just did
@@btrick100 no he didn't. He just babbles on with American MAGAtard style political bashing.
Let's see him actually explain how he plans on achieving anything he claims. How will he get rid of the deficit, reduce the debt without raising taxes or cutting services while giving us all a tax break?
Nice to here a politician be open about the state of of Canada and not deflect to DEI in responding to questions.
Bro talking about food inflation but refuses to push any extra laws onto Loblaws 😅
Oh come on. It only applies to capital gains over 500k. How many people have that? Principal use properties are not taxable. Farmers get everything from the government. Construction companies are not getting capital gains as their primary income. If a house flipper is earning 500k per year then he is doing very well and can afford new taxes. How are doctors getting capital gains? This is not that big of a deal. They shouldbe attacking spending. That is the biggest problem in canada.
Nice to hear someone actually answer questions truthfully instead of the BS lies like we get from turdboy and freebase.
They will take no lessons… can’t teach stupid
Freebase she is, I'm stealing that one lol!❤ 😂❤
I say we vote that Trudeau pays taxes on all of his assets including his trust fund
and his offshore accounts! including Freeland
What about the 110 million he has now and when he started he had 9 million?
A career politician who has spent his whole career defending corporations and the wealthy. A real man of the people.
He's never had a career outside of politics and he really has little issue with the fact that every dollar that corporations pay to the government in income tax, all hourly and salary workers in Canada pay almost 4 times that, which puts an unfair greater tax burden on them plus they have to mitigate the damage caused by the socializing the manufacture losses and failures of big corporations.
I only know two billionaires and I go out with one of them for fish and chips in the summers that owns a brewery that has no issue admitting the percentage of his income that he pays in taxes in the end has plummeted over the last 35 years and credits/thanks the economic conservatives for that. He told me he paid an overall lower tax rate than the warehouse staff at his brewery, which have double the tax burden even after tax credits and deductions are taken into account. I wasn’t surprised, as I already knew that most richest of the rich in Canada don’t make most of their money from payroll and the taxes overall they pay on their declared income is at a rate lower than the average worker.
I am in favour of taxing the wealthy but JT definition on who is rich is ridiculous. The $250K mark for capital gains is not taxing the rich at all. JT is hurting middle class, small business, and families who have saved for years to own a second property or cottage.
Listen up, the truly wealthy have myriad ways of avoidance. We the working class are sitting ducks. Just follow Qatar where the only tax is th sales tax.
Plus, JT is a multi-millionaire.
Food for thought:
"2021, the top one per cent income group paid 22.5 per cent of all income taxes, but accounted for 10.4 per cent share of the country's total income. The top 10 per cent income group paid 54.4 per cent of all income tax, but had a share of the country's total income of 34.4 per cent."
LOL sure PP, gotta protect those big donors. I am not a liberal but at least I can understand economics and your type of policies have not done anything for low and middle income Canadians for 60 years.
2021, the top one per cent income group paid 22.5 per cent of all income taxes, but accounted for 10.4 per cent share of the country's total income. The top 10 per cent income group paid 54.4 per cent of all income tax, but had a share of the country's total income of 34.4 per cent.
Back Conservatives and come out in support and vote for CP and Polievre
“If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”
― Malcolm X
PP in a nutshell.
That was a great interview.
Trudeau was never taught the children's story of the 'Golden Goose'...
Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account.
A conservative majority is Canada's only hope
Popular was not the majority vote. Democracy rules
😂😂😂 God forbid that the rich should pay taxes to help our country!
most of the tax burden always fall on the working class. the rich have a zillion ways to get around the tax issue. We have none and so we pay and pay
If you think this is only going to affect "the rich" I got some Louisiana beachfront to sell ya buddy!!! 😂😂😂
@@philoneussquire3877 if you have Louisiana beachfront property, then you are "the rich"!
@@gordmcfarlane6198 and if you believe me.. then you are a tax collectors wet dream!!
If 99% people are wealthier, will their country rise to be the leader of Happiness and Healthiest nation ? We wonder why NO GOVERNMENTS want that for their people? Why ?
Defund cbc. Stop wasting money.
I sincerely hope these aren’t false promises
Otherwise a lot of people will be devastated in debt & house loss never nind getting one
There's something very wrong when 30% of a new house cost is government bureaucracy.
Can't wait for the next town hall barrel thumper with cousin Alfalfa. Give the man a pointer and let him do the weather report
Didn't the BOC just recently say how production/productivity is very low and worrisome? So. If it's true that this tax creates less stimulation for people to invest more in capital and inovationn for boosting production, then we're screwed?!?
Nevermind that, but given the taxation and red tape for anyone trying to build anything of worth in this country it's a lost cause to even try and sink money in this country. If I were stupidly rich the last goddamn place on the planet I'd invest my money would be Canada. I'd buy coconuts in the congo before I did anything here.
You are right
100% correct
And yet the EV manufacturing companies are lined up to come here.develop our products into automobiles
@@joannebaird4946 Shall we look at that idea logically then?
Battery plants that source their materials from africa, asia and south america. All those materials are brought her on diesel powered ships. The materials are then refined using extremely toxic chemicals and natural gas.
Then those batteries are shipped to the U.S., Europe or Asia via train, boat and plane.
Then the EV's are built and shipped BACK to Canadians.
On what plane of fucktardery is that a solid business plan, or as it's intended "green"
tax the people who make jobs -- they leave canada for someplace else
I'm not convinced by either side of this argument. No one really seems to have any evidence and they're just relying on political rhetoric. Why is the capital gains inclusion rate a thing at all? It only benefits people with enough money to make money by not working.
He isn't wrong.
yes he is. Everything he said was BS.
Im selling a real estate asset. Does the new tax hike start June 25th or what? Is there any way this is not happening?
Does anyone out there know that the Capital Gains Tax in the United States is only 10%?
Im a residential builder in BC. The amount of money spent on permits, consultants and permits have rose dramatically over the years. Also when it costs more for a bussiness to run every trade and supplier charges more and it just gets put onto the consumer.
Then let them see the documents, and end the discussion. If the conservatives are wrong they would have to publicly acknowledge that, and apologize. Continuing to block access, (and yes I watch these committee meetings) only lends to the belief that there is something to hide.
We're closing our business as well. What do I work for? The lazy government employees. Not anymore! FJT
The last person to be talking about being criminal
Trudeau desperate to find new ways to fund Ukraine 😂😂😂
True how can u cut tax without looking the book which must be terrible under our lovely finance minister
21 billion on consultation…we need more workers
The Harper Government, which Pierre was part of, started the outsourcing of the federal government. The payroll system boondonggle is Harper's legacy.
he did manage to pay our debts, balance the budget and create a SURPLUS which idiot trudo spent in less than a year.(six month, I believe). the real boondoggle is the kerap coming outof ottawa
Pierre supported harper and opened foreign ownership of housing. That was up there, way up there.
go go Pierre you got my vote
He is a ROCK STAR!!
@@chelseagirl278 Milhouse is a wimp.
Does lower taxes mean higher borrowing? Is there a deficit?
Marine Le Pen addresses the rise of national parties across Europe: "In the face of the difficulties of the last seven years we owe it to millions of French people who have suffered 7 years of contempt and u-turns, skyrocketing energy and housing bills, security and migration outbreaks!
To speak the truth about the state of our country to be said when Emanuel Macron came to power he said to his deputies: we are proud to be amateurs!
Good! Pierre for Prime Minister 🇨🇦
Vote for Pierre Poilievre!
No. He won't improve a thing for you. He has no ideas.
@@sandorski56 False.
@@sandorski56 keep drinking the Trudumb KoolAid!
@@chelseagirl278 Keep drinking Pierre's.
any day!! 😁
I can't stop the government from increasing taxes. What I can do is reduce my spending as much as possible.
Balance the budget by cutting spending!! Encourage jobs so that parents can buy food for their children.. they don't need more bureaucracy to establish a "breakfast program" at schools. Teachers need to teach!!
And background checks on immigration! Slow this globalist agenda nonsense
We don't want to be living on top of each other in cramped, high cost, cheap quality, government housing. We want the government to get out of the way so businesses and public sector can come back and we can build and fix our economy and live non-dependent lives. We need to get out from under the massive wieght of this over burdening government.
How much is Mike Harris’ royalty on “common sense” phrase?
This guy should just rebrand himself a republican. Low taxes for the rich, no environmental protection. Let the private sector fix the housing crisis, the same people that caused the housing crisis. What a shock that Bloomberg is on board. Riches for the rich.
investing in gas and cleaner produced fuel (from Canada) to reduce coal power plants in other countries. Is a way better plan and more effective than a carbon tax silly.
@@gy5240 carbon pricing has been consistently shown to be the only effective method to reduce carbon emissions. Silly
The Republicans sent money to support his convoy. Pp brought coffee and donuts.
Why is the government the arbiter of generational fairness? Why can't hardworking parents decide which children receive their investment/retirirement funds? Why is the government who would redistribute those funds to others or potentially even to other countries? No one has even guaranteed that this money would benefit only Canadians if that's one's worry about fairness for Canadians
Now what about the doctors is he willing to stop taking payments from the college of doctors and surgeons to obstruct educating doctors for Canadians like they have been doing for more than 30 years now
Will he double the spaces in the medical schools
Will he demand that those tax-free government subsidized medical schools educate doctors to practice in Canada a minimum of 5 years before they can go anywhere else.
Liberal/NPD must go!!!
PP for PM!!!
H'is the best!!!
You know with the cost of housing and cost of living , the massive increase in the money supply devaluing the dollar ,
the carbon tax , and now this capital gains tax , why would any young person with talent stay in Canada ?
.
I know many people who are thinking of leaving. Been here since 1960 and this place is going downhill in a beeg hurry
The housing crises and the devalution of earnings has been in the making for decades and so has price gouging collectively disguised as inflation.
Everyone in the comments upset about a capitals gains tax that affects absolutely no one in the comments section. Lmao😂😂
You do know it is a chain reaction right? If the capital gains tax increase, it means housing price will go up because everyone wants to make a profit and not just give it all away in taxes. As a result people will pay higher mortgage which means you pay more rent and new businesses will charge more to offset the rental cost.
@@ackeemclarke
Exactly.
great interview amber looking hot
Great interview. Love Pierre and Amber
Of course so he can send more money to WEF. This can not go on.
audio too low.
The relationship between wages, productivity, and employment in Canada is a complex one. Stagnant wages for both employers and temporary workers have been a topic of concern in recent years. However, the causality between these wage trends and productivity levels is not straightforward.
According to Statistics Canada, productivity growth in Canada has been relatively sluggish since the late 1990s (Statistics Canada, 2021). During this period, real hourly compensation for employees grew at an average annual rate of only 1.3%, while labor productivity increased by an average of 1.5% per year (Statistics Canada, 2021). This shows that wage growth has not kept pace with productivity growth in Canada.
Temporary workers make up a significant portion of the Canadian workforce. According to the Canadian Centre for Policy Alternatives, there were approximately 1.4 million temporary workers in Canada as of 2019, representing about 9% of the total labor force (CCPA, 2020). The wages paid to temporary workers are often lower than those paid to permanent employees (CCPA, 2020). This wage disparity leads to lower morale and motivation among temporary workers, potentially impacting their performance on the job (Brown et al., 2018).and forces down wages for the permanent workers in canadian business .
Moreover, stagnant wages for employers also negatively affects productivity. When employers are unable to pay competitive wages to attract and retain skilled workers, they are forced to rely on less experienced or less qualified employees (CBC News, 2018). This results in decreased productivity due to the learning curve associated with new hires and/or the need for additional training and supervision
However, it is essential to note that correlation does not imply causation. While there is evidence suggesting a link between stagnant wages and decreased productivity by Canadians, it is not clear that one directly causes the other. Other factors such as technological change, skill mismatches in the labor market, and economic conditions also play a role in determining both wage levels and productivity growth in Canada (Baldwin-Edwards & Fanelli, 2017).
This was a good one I like the way he's talking
I love to hear some policy talk for once. Poilievre needs to pivot to a unifying message and a message of hope. So far I like what I’m hearing on his plans.
The vote should be now. Where’s petition E 4701. Almost a 1/2 million signatures.
I don't support Trudeau but the vote should be when it is legally required under our Constitution. We don't just have snap elections or overthrow a govt when a bunch of people stomp their feet and cry because they are not getting their own way. This is a democracy. Also 1/2 million signatures is nowhere near a representation of the nearly 40M people that live in this country. It is only a tiny percentage of the overall population.....again democracy is majority not a bunch of crying loud minority.
A capital gain is not generated by running a business; it’s generated by selling it. If your goal is to run a successful productive business, please keep doing so - with no change in your taxes. Generous new exemptions for startups mean capital gains taxes will fall, not rise, for genuine entrepreneurs. Pierre's misleading working-class Canadians about the capital gains tax.... He pretends to be the Robin Hood of working-class Canadians! Working class Canadians are much smarter than you think Pierre.... They do their own research! Conservatives whenever the friends of working-class Canadians never have been never will be! That's why he voted against the capital gains tax!
So you build that business all your life and want to retire. Because you were building the business as a retirement plan, only to be taxed to death on the sale of it. All the while you have been paying taxes on the income the business generates.
Then you decide to sell your holiday home that you saved an paid for with money that has already been taxed, to only then pay a capital gains tax.
Then your also saving for retirement by investing with your already taxed money to again have to pay capital gains tax.
Sure the best option is to work until you die, so you dont have to pay capital gains tax. Get a life commie.
In your first sentence you err so everything that follows is also wrong. A capital gain is achieved by increasing the value of your business over time, running it well. The gain is actualized when the business is sold.
@@jasperplace you obviously can't read or understood stand you said exactly what I said
@@jasperplace "it's generated by selling it"
Pierre for PM!
How about the Landlord Association that has been lobbying Conservative strongholds like Alberta to ignore the plight of renters (60-80% of today’s population) for over 30 years, even while we’re in the greatest housing crisis in history)!
When Alberta is the Conservative stronghold province of Canada, what does this say for the future hope for our country and citizens?!
Alberta Conservatives are why the country has voted Liberal to begin with!!!
Umm ndp Notley didn’t leave us in 50 billion debt???? Oh well when do we quit sending equalization payments?
Alberta is the land of hate speech and pollution, both verbal and industrial. Has always been. Nothing new here. Dribble and hate on Pierre.
@@user-je6cy3pu3u Let’s not forget the 6 Billion dollars that Jason Kenny paid just for a seat at the Big Boys table without even securing the chance at a contract, without the knowledge and consent of Albertans! Or the fact that his first job in office was to attack seniors! You couldn’t pay me enough to vote Liberal or NDP; but, I’m not a delusional blind follower and I will absolutely call out abuse and neglect when I see it, no matter which party is in office!
It’s not be all and end all; they are supposed to represent us first and foremost!
Renters make up only 34% of the population with the vast majority living in the big cities.
Exactly.
JT wants more tax to form more companies like Arivecan! Anything they touched in this 9 years they have made worth.. We don't need a bigger government we need a smaller more efficient one.
This video aired 3 hours ago meanwhile they passed the legislation 2 days ago how delayed is this video?
There's a time difference in pierres head. It's a two day delay to get through the thick skull and emerge as garbage. Better than normal for pierre
STILL waiting for Trudeau to fix the election process he said he would fix in 2016...