Conservative election platform pledges $75-billion in tax cuts, referendums before future tax hikes
Open this photo in gallery: Conservative Party Leader Pierre Poilievre at a federal election campaign stop in Montréal-Est, Que., April 18.Christopher Katsarov/The Canadian Press Pierre Poilievre’s Conservatives are promising $34-billion in new spending and $75-billion in tax cuts over the next four years. They would help fund these expenditures with $56-billion in spending reductions over the same period, the Conservatives say. The party’s 2025 election platform, released Tuesday, also shows the Conservatives are betting that economic growth from their policies will generate significant tax revenue for the government. They estimate by 2028-29 this would be more than $21-billion annually. Spending cuts including ending funding for English-language Canadian Broadcasting Corporation, while preserving funding for the French-language Radio-Canada. They would also cut foreign aid, starting at $1.3-billion in cuts in the 2025-26 fiscal year and rising to $2.8-billion in cuts by 2028-2029. The Conservatives are also promising to “never hike taxes” while in power unless a referendum allows. They are promising a “Taxpayer Protection Act to ban new or higher federal taxes without asking taxpayers first in a referendum.” They would also lower education requirements for federal civil servants. The platform says the Conservatives would “eliminate university degree requirements for most federal public service roles to hire for skill, not credentials.” More to come.