Americas
Canada’s Poilievre Promises Deeper Income Tax Cut Than Carney
Under Pierre Poilievre’s proposal, the average worker earning C$57,000 would save C$900.
Photographer: David Kawai/BloombergThis article is for subscribers only.
Canadian Conservative Leader Pierre Poilievre is promising a deeper income tax cut than Liberal Leader Mark Carney, as the two politicians compete in a tight election race to attract voters struggling with the cost of living.
Poilievre said Monday he’d slash the marginal tax rate for the lowest income bracket by 2.25 percentage points to 12.75% if elected. The announcement followed Carney’s pledge on Sunday to drop the rate by one percentage point to 14%.