Tory leadership hopeful Maxime Bernier wants end to capital gains tax
TORONTO — Canada needs to scrap the capital gains tax and slash corporate taxes as a way to enhance economic growth, Conservative leadership hopeful Maxime Bernier said Tuesday.
In a speech to a business audience, the Quebec MP outlined what he called an ambitious plan to unleash Canada’s productive forces even as he thumped familiar Conservative tropes.
“Prosperity does not come from government spending but rather from entrepreneurs’ investing,” Bernier told receptive members of the Canadian Club.
“More spending on the scale offered by the Liberal government is not going to stimulate the economy and bring us prosperity, it will act as a sedative for the economy.”