Pierre Poilievre does not support Liberal budget

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Published 2024-04-17
Ottawa is raising some taxes to pay for the new spending. The budget includes a capital gains tax hike, affecting people who make over $250,000 a year. The government says the move will affect less than 1% of Canadians. Federal Opposition leader, Pierre Poilievre joins CP24 for his reaction to the latest federal budget.

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All Comments (21)
  • @TheBrianFellows
    Love that Pierre called out Jagmeet for the pension. Wake up NDP voters.
  • @asmith8947
    Investors are going to leave Canada in droves. They are not dummies.
  • @tamarashiels570
    Who the hell in their right mind would approve this budget. Complete insanity.
  • @tonnabrr
    Why is our Minister of Finance a slavic history major and not an economist?
  • @arenado85
    Singh is only worried about January 25 as Pierre most importantly pointed out. This government is absolutely ridiculous
  • @TwistyMcFisty
    We spend more on servicing the debt than we do on healthcare.
  • @victorevans8199
    Wonder what blackmailing is going on in order for the NDP to support a further increase in the hardships to Canadians.
  • @turbokid99
    CANADA IS BROKEN. Not many realize, we pay more than 50% taxes when all is said and done.. (not just payroll, but property taxes, HST, capital gains and many many many others. We work from Jan 1 -> Aug 1st FOR THE GOVT!!!!!!!!!!!!!!!!!!!!!
  • The nine most terrifying words in the English language are, "I'm from the Government and I'm here to help."
  • @lynnludwig149
    NDP will sink their party if they support this “budget”
  • @showtimeison
    Did you hear that it would affect less than one percent of Canadians? There’s no rich people here do you know why they all leave
  • No Canadian wants this budget we are so hurting and cash strapped already is there no end to this taxing
  • @bryankerr9174
    Trudeau states they will build 3.9 million homes by 2031. That’s about 7.5 years from now. 3.9 million / 7.5 = 533,333 homes per year. It means 44,444 homes every month. It means 1,461 new homes every day. It means 182 new homes every hour. How likely is this? CMHC states housing starts in 2023 were around 223,000 and 240,000 in 2022. Only in 2021 did starts go over 300,000 (according to Trading Economics). What are the odds the government can double production? Also, by trying to do so, even if they do, this will massively increase demand for building materials and workers. This will drive up the cost of materials, labour, and land. These new houses will be some of the most expensive ever built. No one will be able to afford these houses.
  • @ThomasG77
    40 billion deficit i'm pretty sure that hurts all Canadians
  • @kalvli
    Can't believe they raise capital gains tax at a time that the economy is lacking investment. Canada productivity is decreasing economy is declining and they stifle investment by increasing taxes?!. And still the budget is not in balance!! Still can't pay, with all these tax increases..
  • @user-dq1kr6zc2t
    Over 50% rate of capital gains inclusion is criminal. It doesn't just affect those who make more than $250K. In your terminal tax year (the year you pass), you have to file taxes and assets outside of primary residence, and other structures, are a deemed disposition for tax purposes. Provided they are not structured properly. So EVERYONE pays pretty much. Just a matter of when. In the US the capital gains inclusion rate is 20%. You have a Prime Minister that is telling you the Canadian to pay for his mistakes and administration. 1.5M immigrants last year when the cap is 500k. There isn't even enough jobs public/private to fund that population growth. Not even close. The guy is running the country into the ground from a Fiscal perspective.
  • @IceRocn
    I have no idea how some Canadians can support the Liberal party or the NDP. It makes ZERO sense. This is beyond ridiculous.
  • @jumbome7420
    Every smart Canadain wouldn’t support this awful budget