US Tax Rule Offers Template for Canadian Conservatives’ Investment Pitch

Conservative Leader Pierre Poilievre is promising a tax deferral for investors who put money into Canadian assets — a policy similar to a popular US rule that helped grease its housing market.

If elected, Poilievre says a government led by him would allow people and businesses to delay capital gains taxes on an asset sale, as long as the proceeds are reinvested domestically. Gains would become taxable once an owner cashes out or invests the money in other assets. The policy would cover gains incurred between July 1, 2025 and Dec. 31, 2026, but the Conservatives are open to making it permanent.