Poilievre’s Vision Unveiled: Is This the End of Capital Gains Tax in Canada?
Poilievre’s bold tax cut aims to unlock billions in reinvestment, boost economic growth, and strengthen Canada’s financial independence.

Conservative Leader Pierre Poilievre has unveiled a groundbreaking economic policy designed to unleash billions in new investments within Canada. The Canada First Reinvestment Tax Cut will eliminate capital gains taxes on any person or business that reinvests the proceeds of asset sales into Canadian businesses. The goal is simple but powerful: keep capital in the country, stimulate job creation, and accelerate economic growth.
The tax break applies to reinvestments made until the end of 2026. Investors who sell assets and put their money into homebuilding, technology, small businesses, and manufacturing will pay zero capital gains tax. Companies that choose to reinvest in active Canadian enterprises will defer capital gains tax altogether, only paying when they cash out or move funds outside the country. This creates an undeniable incentive to build and grow within Canada’s borders. Unlocking Stagnant Capital and Driving Growth
Poilievre’s announcement tackles one of the biggest hurdles facing Canadian investors—capital gains taxes that discourage reinvestment. Many asset holders hesitate to sell because they fear a significant tax hit. As a result, capital remains locked up in aging investments rather than being reinvested in emerging industries that fuel the economy. By removing this barrier, the Conservative plan aims to unlock billions in idle capital, giving a direct boost to key sectors.
“The current capital gains tax locks up investment in old assets,” said Poilievre. “So, they do not sell and reinvest in homebuilding, small businesses, technology, manufacturing, and more. Allowing reinvestments without tax will unlock billions to immediately begin building, hiring, investing, and growing.”
The economic implications are immense. With no tax penalty for reinvesting, businesses will have more incentive to expand operations, upgrade equipment, and hire workers. The policy particularly benefits small business owners, farmers, and homebuilders who depend on liquidity to grow their enterprises.
Strengthening Canada’s Economic Sovereignty
A major theme in Poilievre’s proposal is self-reliance. Canada has seen a staggering $460 billion in investment flee the country in 2023 alone—money that should have been creating jobs and strengthening domestic industries. For years, high taxes, excessive regulations, and a lack of investor incentives have driven capital south to the United States and beyond.
“A half-trillion dollars of net investment has poured out of Canada to the U.S. during the Lost Liberal Decade,” Poilievre stated. “Canada is poorer, weaker, and more dependent on the United States than ever before.”
The numbers paint a stark picture. Canada generates $25 less in GDP per hour worked compared to the U.S. The issue isn’t Canadian workers—they’re among the best in the world—but the lack of investment in tools, training, and technology that support them. For every dollar invested in an American worker, only 58 cents is invested in a Canadian worker. The Canada First Reinvestment Tax Cut aims to reverse this trend by keeping capital at home and strengthening Canada’s economic foundation.
A Conservative Vision for the Future
The Conservative Party believes this tax policy could ignite an economic boom. If successful, Poilievre has signaled his intention to make the tax cut permanent beyond 2026. The overarching goal is to build a self-sustaining Canadian economy, less dependent on foreign capital and more capable of standing on its own.
“The choice for Canadians is clear: a Conservative government that puts Canada first, or a fourth Liberal term that makes us weaker and more dependent on the Americans,” said Poilievre. By removing barriers to reinvestment and incentivizing capital to stay in the country, this policy could transform Canada’s economic landscape. It represents a shift towards pro-growth, pro-business strategies aimed at rebuilding critical industries like mining, energy, technology, and manufacturing.
The Canada First Reinvestment Tax Cut is more than just a fiscal policy—it’s a declaration that Canada is ready to take control of its economic future.
