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.

@HectorWhitney

5 күн бұрын

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?

@nicolasbenson009

5 күн бұрын

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.

@EddyAgnes-vy4kp

5 күн бұрын

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.

@nicolasbenson009

5 күн бұрын

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.

@CraigLloyd-fz6ns

5 күн бұрын

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

@RichardMoore-jg5tl

3 күн бұрын

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.

@RossiPopa

3 күн бұрын

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.

@FusunTumsavas-cq7tp

3 күн бұрын

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?

@RossiPopa

3 күн бұрын

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.

@FusunTumsavas-cq7tp

3 күн бұрын

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

If someone is still thinking about voting liberals they are actively working against Canada

@talktothehandreviews

5 күн бұрын

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?

@CynicalBastard

5 күн бұрын

Say something that actually entails that you're worth no throwing into a wood chipper. Say something that isn't empty-headed nothing.

@sharper68

5 күн бұрын

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!

@pacman3556

5 күн бұрын

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.

@sonjadidyk-tn4cc

5 күн бұрын

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

@chelseagirl278

5 күн бұрын

it will be a National Holiday when he leaves! FJT!!

@BrotherAlpha

4 күн бұрын

@@chelseagirl278 He's going to win in 2025, because Polievere is just that scummy.

@Tomyum19

4 күн бұрын

@@BrotherAlphaTalk about delusional. Wow.

@aetherfox4404

3 күн бұрын

@@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.

@HuxtableTV

2 күн бұрын

Cannot be true.

Never...EVER....vote Liberal!!

@roofpizza1250

5 күн бұрын

Yeah, 'cause MAGA is sooo much better. LOLZ.

@DaKrawnik

5 күн бұрын

Go team!

@Murderwords-bw5te

5 күн бұрын

@@roofpizza1250 Wrong country, useless comment, waste of internet.

@wadeross6311

5 күн бұрын

@@roofpizza1250try to focus on Canadian politics here…..hard to do when all you watch is CBC Liberal propaganda 😆

@Chr1s-fm6bi

5 күн бұрын

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.

Just moved my business to BVI. Screw you Trudeau!

@ClarkGreaseball

5 күн бұрын

Where's BVI and do they allow asylum seekers? 😁

@jpmckinnon4502

5 күн бұрын

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

@curtis1397

5 күн бұрын

@@ClarkGreaseball British Virgin Islands. Costs ~$2000 to setup an incorporated company. Takes ~7 days. Zero taxes, $1500 per year flat fee.

@ClarkGreaseball

5 күн бұрын

@@curtis1397 😲 Thanks! I wanna be a British Virgin too! 😁

@ClarkGreaseball

5 күн бұрын

@@curtis1397 Good luck sir, I wish you well! 👍

FJT

@TomBrown-cq4vu

5 күн бұрын

FCF and FJS...easy guess.

@canada.589

5 күн бұрын

love justin trudeau

@TomBrown-cq4vu

5 күн бұрын

@@canada.589 You can chew Trudeau's 3=o

@user-cq4xo1ne9m

5 күн бұрын

@@canada.589Afterall it’s 🌈 month

@sapporoichiban3612

5 күн бұрын

@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?

Pierre has my vote

@yannyloyer7177

4 күн бұрын

FPP

@leagueplays2100

4 күн бұрын

Do you know anything about economics? or are you just a sheep being fed to slaughter?

@Tomyum19

4 күн бұрын

@@yannyloyer7177Looks like you’re outnumbered 88 to 1 lol

@AC-zt2ky

4 күн бұрын

@@yannyloyer7177fake bot

Trudeau Must go!!

@opnion2294

5 күн бұрын

too late

@suddenlysolo2170

5 күн бұрын

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.

@GregBoyce-yx3eh

2 күн бұрын

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.

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.

@ericlaurin1699

5 күн бұрын

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

@yxmichaelxyyxmichaelxy3074

5 күн бұрын

Correct. Subsidisation leads to higher prices.

@penlam

5 күн бұрын

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.

@michaelcorey9890

4 күн бұрын

BC is its own special case. Absolute lunacy divorced from reason and evidence to fuel policy.

@AC-zt2ky

4 күн бұрын

Everyone here, well said 👍

Castreau and Freakland are going full scorched-earth policy in their way out...

@pacman3556

5 күн бұрын

how is asking rich people to pay their fair share of income taxes a scorched earth policy?

@silverdew5747

5 күн бұрын

​@@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.

@silverdew5747

5 күн бұрын

​@@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.

@robbiehughes7441

5 күн бұрын

⁠​⁠​⁠@@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.

@sapporoichiban3612

5 күн бұрын

@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?

the common sense is a breath of fresh air

@judithrochon7837

5 күн бұрын

He is a slumlord, of course he will oppose this tax.

@huggybear3098

5 күн бұрын

​@@judithrochon7837another bdlc!

@ArunDass-xw9jj

5 күн бұрын

@@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

@kaneox123

5 күн бұрын

@@judithrochon7837the labels that could be used to discredit Trudeau….

@central3425

5 күн бұрын

@@judithrochon7837 You realize how many MPs own multiple properties?

I am getting sick of the conservatives not explaining their positions! 😡

PIERRE HAS MY VOTE..FJT

@catherinekedziora1812

2 күн бұрын

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

5m in and I already know more about his plans in a clearer way than anything TrueDope mentioned/has done/will do

@cotch40

5 күн бұрын

So true, and in-yer-face evident right on the freaking surface level. I don’t understand why everyone can’t see it.

@jeremyfitzpatrick7772

5 күн бұрын

In nine years !!!

@cotch40

5 күн бұрын

KZread 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.

Cut spending, lower taxes

@pacman3556

5 күн бұрын

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?

@sapporoichiban3612

5 күн бұрын

@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?

@prestongriffiths7325

4 күн бұрын

@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.

@SolomonKane71

4 күн бұрын

So not PP either than. So who?

@Tomyum19

4 күн бұрын

@@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.

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 . .

@AllRequired

5 күн бұрын

No, it's Freelandrescher.

@ClarkGreaseball

5 күн бұрын

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?

@sandorski56

5 күн бұрын

We are in the middle of significant Infrastructure and other vital Investments. Things cost money, sorry.

@wishteria234

5 күн бұрын

@@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.

@nmatrix9

5 күн бұрын

@sandorski56 that is a load of bull some of that money is also being sent to other countries.

I've never seen Chrystia Freeland speak with BNN.

@louissehighlights6783

5 күн бұрын

Not qualified 😂

@priuss6109

5 күн бұрын

Neither have I. What What about Trudeau

@KennethYimHomes

5 күн бұрын

Vassey got her though, go watch that

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!

Most people are going to feel this tax especially after a life of work. Top elite tax my ass.

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?

how much clearer does he have to be… air heads he has to waste time talking to. i admire his patience

@feezy15

5 күн бұрын

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

@dirtlump

5 күн бұрын

He's an idiot !

@Oznarchy

5 күн бұрын

He's being just as vague as any politician!

@Backtoreality1873

5 күн бұрын

@@Oznarchybegone Liberal.

@Oznarchy

5 күн бұрын

@@Backtoreality1873 You know I'm right.

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

@rps1689

3 күн бұрын

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.

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.

What a stud. Exactly what this country needs at this time.

@joannebaird4946

5 күн бұрын

Strange how he dresses as a liberal, nice tie and sounds like a trumptard.

@nemesisgrimm9868

4 күн бұрын

Stud? Are we looking at the same troll?

It is a painful and costly wait till the next election. Thank you, Jagmeet.

JT will give Ukraine 7billion CAN dollars 📢 what about us Canadians?

@chelseagirl278

5 күн бұрын

Freeland has a vested interest in giving Ukraine money, she has multiple properties there. Unfortunately, it is NINE BILLION!

@Iban-Underground

5 күн бұрын

@@chelseagirl278proof or no balls.

@doughooper9918

5 күн бұрын

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.

@iam1smiley1

5 күн бұрын

Crickets...we get nothing but zee bugz

@Iban-Underground

4 күн бұрын

@@iam1smiley1 When am I gonna eat the bug? I've been waiting 16 years, and your promises are empty.

I believe Poilievre will be the hope of Canada. I love the reporter for her absolutely important questions.

@ClarkGreaseball

5 күн бұрын

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.

@truthteller6743

5 күн бұрын

He is just apart of the Uniparty. Keeps sending our money to Ukraine. Time to get out, if you can.

@WiseOwl_1408

5 күн бұрын

​@@truthteller6743sure edge lord. Stay in the basement.

@ClarkGreaseball

5 күн бұрын

@@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.

@yxmichaelxyyxmichaelxy3074

5 күн бұрын

He is WEF. No thanks. PPC all the way!

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.

@leilakullar356

5 күн бұрын

LOL

@Murderwords-bw5te

5 күн бұрын

@@leilakullar356 Do you enjoy your non utility?

@raesmart3305

5 күн бұрын

The same time they screwed the family farms. Drop capital gains.

@ClarkGreaseball

5 күн бұрын

🤔 Yeah, but isn't that what Ireland did and now the cost of living is ridiculously high for the Irish taxpayers?

@tbcy3zj

5 күн бұрын

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.

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.

Good interview, thank you for letting him speak, I appreciate it.

using taxes to build homes? So our money to pay other people's homes?

@TheNewSchoolGamer

5 күн бұрын

Pretty much only longer term rentals as well

@billybeefcake6543

5 күн бұрын

And who’s homes are these?

@KennethYimHomes

5 күн бұрын

lol now that you say it like that, that’s hilarious. The absurdity!

@butwhytharum

5 күн бұрын

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.

@79Browneyes79

5 күн бұрын

The new comers. ​@@billybeefcake6543

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 . .

@ClarkGreaseball

5 күн бұрын

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! 😞

@chatwithjat

5 күн бұрын

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.

@sahils1867

5 күн бұрын

@@chatwithjat Not 100%. Your father will not pay any taxes if the duplex is his principal residence.

@chatwithjat

5 күн бұрын

@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.

@justauser

2 күн бұрын

Only one unit would be but the other units wouldn't ​@@sahils1867

All these middle class people thinking this affects them is cute.

@shauncameron8390

3 күн бұрын

It does. This policy is on par with what the USSR had under Lenin.

I wish we could just call an election so we can hear where all the parties stand on key issues.

@ronmurray7349

5 күн бұрын

When is Pierre going to tell us what he plans.

@Prairieshutterbug64

5 күн бұрын

When there’s an election

@ericlaurin1699

5 күн бұрын

​@@ronmurray7349 Cut the tax on Farmers, Home Builders, Health Cares, and the .2% of the population that own Business that employs Canadians

@ericlaurin1699

5 күн бұрын

​@@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?

@Murderwords-bw5te

5 күн бұрын

@@ronmurray7349 When we call an election, pay attention child.

Well said ❤🇨🇦

@pacman3556

5 күн бұрын

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.

@nickyfurlano8531

5 күн бұрын

@@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.

@pacman3556

4 күн бұрын

@@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.

Nice to here a politician be open about the state of of Canada and not deflect to DEI in responding to questions.

“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.

Bro talking about food inflation but refuses to push any extra laws onto Loblaws 😅

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.

@sonjadidyk-tn4cc

5 күн бұрын

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.

@shauncameron8390

3 күн бұрын

Plus, JT is a multi-millionaire.

@MrPhilllyD

3 күн бұрын

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."

Nice to hear someone actually answer questions truthfully instead of the BS lies like we get from turdboy and freebase.

@user-je6cy3pu3u

5 күн бұрын

They will take no lessons… can’t teach stupid

@iam1smiley1

5 күн бұрын

Freebase she is, I'm stealing that one lol!❤ 😂❤

Canada hasn't been so bad only under this government

Defund cbc. Stop wasting money.

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.

That was a great interview.

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 ?

A career politician who has spent his whole career defending corporations and the wealthy. A real man of the people.

@rps1689

3 күн бұрын

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.

A conservative majority is Canada's only hope

@codechartreuse

5 күн бұрын

Conservatives already won the last two elections by popular vote. But first past the post ensures that Toronto always decides the election.

@joannebaird4946

Күн бұрын

Popular was not the majority vote. Democracy rules

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.

@MrPhilllyD

3 күн бұрын

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.

Trudeau desperate to find new ways to fund Ukraine 😂😂😂

Liberal/NPD must go!!! PP for PM!!! H'is the best!!!

I say we vote that Trudeau pays taxes on all of his assets including his trust fund

@chelseagirl278

5 күн бұрын

and his offshore accounts! including Freeland

@knowmenomo

5 күн бұрын

What about the 110 million he has now and when he started he had 9 million?

We're closing our business as well. What do I work for? The lazy government employees. Not anymore! FJT

Trudeau was never taught the children's story of the 'Golden Goose'...

There's something very wrong when 30% of a new house cost is government bureaucracy.

Everyone in the comments upset about a capitals gains tax that affects absolutely no one in the comments section. Lmao😂😂

@ackeemclarke

5 күн бұрын

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.

@shauncameron8390

3 күн бұрын

@@ackeemclarke Exactly.

Back Conservatives and come out in support and vote for CP and Polievre

21 billion on consultation…we need more workers

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.

I don’t think polievre knows what a capital gain is. Lol. It’s genius though, he gets his base riled up because they also don’t know what a capital gain is.

You mean extortion. Prior to 1917 Canadians paid 0% tax on income. What happened?

@rps1689

21 сағат бұрын

Its population increased substantially x 5 and its infrastructure much more plus no real great middle class existed. The great middle class post WWII would not have existed without taxation and massive investment from government. Middle class is being dimminshed because it no longer gets the required massive investment from governments like it used to, which unfortunately was substantially reduced due to the policies that stemmed from supply side economics and its failed trickle down strategy that actually bleeds the bottom in order to sustain growth at the top draining broad prosperity. The greatest wealthiest known middle class ever was created by governments and unions under capitalism in North America. This middle class is what funded innovations and most of the technological advances in its day that many of them we take for granted everyday; they were not funded by the biggest corporations or monopolistic outfits, which have been getting their losses and failures socialized for decades by mostly the middle and upper middle class, and these outfits are a far cry from being innovative as they were before corporate welfare became the norm.

I sincerely hope these aren’t false promises Otherwise a lot of people will be devastated in debt & house loss never nind getting one

😂😂😂 God forbid that the rich should pay taxes to help our country!

@sonjadidyk-tn4cc

5 күн бұрын

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

@philoneussquire3877

5 күн бұрын

If you think this is only going to affect "the rich" I got some Louisiana beachfront to sell ya buddy!!! 😂😂😂

@gordmcfarlane6198

4 күн бұрын

@@philoneussquire3877 if you have Louisiana beachfront property, then you are "the rich"!

@philoneussquire3877

4 күн бұрын

@@gordmcfarlane6198 and if you believe me.. then you are a tax collectors wet dream!!

Contractors and businesses build homes, not government. Local government taxes the crap out of us to even renovate a home. $3,800.00 my friends paid to renovate their house in just permit taxes to the municipality. To demolish a garage in this small city is $500.00 in permit fees. $800.00 fine for an inspectoebwho was turned away after showing up to a jobsite without identification, no city clothing and an unmarked vehicle. He got pissy and also wrote a 2 week stop work order. Power tripping inspectors are a big issue and roadblock to development. The building codes are also being misinterpreted by some of these clowns and costing people tens of thousands in wasted money. Cut the BS, and cut out government from our lives. Less bureaucracy, Pierre is right on the money 💰 make Canada grow by cutting back government BS

Here is the reason why I am an actor, Peter Canada I’m struggling to progressive Conservatives for 60 some years I can’t take them anymore I Mandy fossil fuel for the mower to need his greed

tax the people who make jobs -- they leave canada for someplace else

He isn't wrong.

@pacman3556

4 күн бұрын

yes he is. Everything he said was BS.

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!

@MrPhilllyD

3 күн бұрын

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.

@jasperplace

20 сағат бұрын

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.

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.

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?!?

@shawndejong6699

5 күн бұрын

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.

@theowoytowich9959

5 күн бұрын

You are right

@ericlaurin1699

5 күн бұрын

100% correct

@joannebaird4946

5 күн бұрын

And yet the EV manufacturing companies are lined up to come here.develop our products into automobiles

@shawndejong6699

5 күн бұрын

@@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"

Vote for Pierre Poilievre!

@sandorski56

5 күн бұрын

No. He won't improve a thing for you. He has no ideas.

@AG-hl1ni

5 күн бұрын

@@sandorski56 False.

@chelseagirl278

5 күн бұрын

@@sandorski56 keep drinking the Trudumb KoolAid!

@sandorski56

5 күн бұрын

@@chelseagirl278 Keep drinking Pierre's.

@chelseagirl278

5 күн бұрын

any day!! 😁

The problem now is there is a growing indifference towards mortgage holders that became holders about 8 or more years ago, as a large segment of society is getting tired of welfare for mortgagers - homeowners with mortgages have been stealing from renters and savers since 2008 with their low inflation and cheap money/insanely low interest rates. Not many feel for a person that bought a 2nd property for an investment vehicle or summer home that now has increased in value by three fold or more that now has to have a little over half of the captial gains subject to taxation when they sell it.

Im selling a real estate asset. Does the new tax hike start June 25th or what? Is there any way this is not happening?

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.

The last person to be talking about being criminal

I don't hear a plan. PP.. your full of nothing. Your like Jagmeet, seeking pension money>>> I won't be voting in 2025 year..> abstaining. If you come to power, you'll be PM with the lowest turn out.

True how can u cut tax without looking the book which must be terrible under our lovely finance minister

How much is Mike Harris’ royalty on “common sense” phrase?

I support you but why are you lowering taxes on people who own cottages why not help working class people

The Harper Government, which Pierre was part of, started the outsourcing of the federal government. The payroll system boondonggle is Harper's legacy.

@sonjadidyk-tn4cc

5 күн бұрын

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

@joannebaird4946

21 сағат бұрын

Pierre supported harper and opened foreign ownership of housing. That was up there, way up there.

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.

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).

Does anyone out there know that the Capital Gains Tax in the United States is only 10%?

Pierre you are so Awesome and your honesty and truthful ness. I am proud to say I am proud of being Conservative and the Party is Great. Love to you all. God Bless😊

Enough with the trickle-down BS. No policy, jusy empty words.

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!

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

Pierre Poilievre for PM ❤

@leilakullar356

5 күн бұрын

LOL....that is funny.

@Murderwords-bw5te

5 күн бұрын

@@leilakullar356 why?

@chelseagirl278

5 күн бұрын

@@leilakullar356 Justin?

This is a real leader. Understanding of the economy and all the massive issues that the Liberals have unleashed on us. Thier sick joke on Canadians cant end soon enough.

Poilievre has an awful lot of opinions on various topics. I'll bet this never happened to him though. Several years ago, while living in South Africa, I found an orphaned rhinoceros while camping. I brought him round to the cottage to show my wife and she loved him. Unfortunately we found out my wife had the wrong sized teats for suckling an animal of this size. He probably would have starved to death but I came up with the idea of killing him for food. There is a reason they are known as the veal of the savannah. When young, these animals are exceedingly tender. We had meat for the pot for the entire dry season. This was one time when having smaller teats was an advantage.

@joannebaird4946

5 күн бұрын

You summed up pierres rant correctly. Pierre is a trump bootlicker wannabe and a purveyor of lies and bs. Thick like a brick.

Great interview. Love Pierre and Amber

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.

Thanks for your big compassionate heart and your incredible smarts Mr Pierre Pollievre. Bless you in your endeavour to bring peace, freedom and security back to Canada. Thanks for you service to Canada already!

This was a good one I like the way he's talking

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.

@gy5240

5 күн бұрын

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.

@kevinw2592

4 күн бұрын

@@gy5240 carbon pricing has been consistently shown to be the only effective method to reduce carbon emissions. Silly

@joannebaird4946

22 сағат бұрын

The Republicans sent money to support his convoy. Pp brought coffee and donuts.

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!!!

@user-je6cy3pu3u

5 күн бұрын

Umm ndp Notley didn’t leave us in 50 billion debt???? Oh well when do we quit sending equalization payments?

@joannebaird4946

5 күн бұрын

Alberta is the land of hate speech and pollution, both verbal and industrial. Has always been. Nothing new here. Dribble and hate on Pierre.

@MsK-xm7vw

5 күн бұрын

@@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!

@shauncameron8390

3 күн бұрын

Renters make up only 34% of the population with the vast majority living in the big cities.

PIerre for PM. Vote out the THIEFS

@ClarkGreaseball

5 күн бұрын

* Thieves is the plural. 👍

@titusmccarthy

5 күн бұрын

Meet the new thieves same as the old thieves.

@ClarkGreaseball

5 күн бұрын

@@titusmccarthy 🤣So true.👍 Well said.

The recent changes to the capital gains tax in Canada are being presented as targeting only the top 3% of income earners. This claim is based on the assumption that only those making over $250,000 in capital gains annually would be affected. While it's true that the wealthiest Canadians would bear the brunt of this tax, the reality is that many average Canadians could also be impacted, particularly during events like selling a rental property or settling an estate. Here’s how the new tax works: under the current system, 50% of a capital gain is taxed at your marginal rate. With the proposed changes, any capital gain exceeding $250,000 would have an additional 16% tax, effectively taxing 66% of the gain. For example, if you sell a property for a $500,000 capital gain, the first $250,000 would be taxed as usual, while the remaining $250,000 would face the higher rate. To illustrate, under the current tax system, a $500,000 capital gain would incur approximately $60,005 in taxes. With the new tax law, this amount increases to about $72,475. This higher tax burden would apply broadly, affecting not just the wealthy but also many middle-class Canadians, particularly those dealing with significant one-time gains like property sales from estates. If the goal is to target only the top earners, the government could implement a provision that requires individuals to make over $250,000 in capital gains in at least three years within a ten-year period. This would prevent occasional large gains from being heavily taxed and ensure the tax primarily impacts consistent high earners. However, the current approach suggests an intention to broaden the tax base. TLDR: In summary, the capital gains tax changes will affect a wide range of Canadians, not just the top 3%, especially during estate settlements involving property sales. The government could avoid taxing the middle class by adopting a more targeted approach, but the current proposal seems designed to increase tax revenue from a broader base. PS: Additionally, it's worth noting that taxes on alcohol have also increased, with beer taxes rising from around 40-50% to 50-60%. This means Canadians are now paying approximately $80 for a case of beer, with half of that cost being tax. In comparison, many other countries charge significantly less in taxes on alcohol.

@rps1689

21 сағат бұрын

So if I sell my primary residence, no captial gains tax. But if I rent it out, the value it has inceased since I started renting it is a capital gain. Also any second property I own is subject to capital gains tax as long as it appreciated in value since I bought it.

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

LOL... this fake faux outrage clown always cracks me up. The guy is so untrustworthy, that he won't even get background checked for security clearance.

@John....luvoldcars

5 күн бұрын

You live in a lieberal closet ...thanx for the last 9yrs ....