Conservative Leader Pierre Poilievre has rolled out a bold new tax plan, promising a significant income-tax cut aimed at easing the burden on middle-income Canadians.
Speaking at a bustling paper products plant in Brampton, Ontario—his first campaign stop—Poilievre pledged to reduce the lowest federal income tax bracket from 15% to 12.75%. The cut, he says, would translate to annual savings of around $1,800 for a typical dual-income household and about $900 for the average individual earning $57,000.
“This is real relief for working Canadians,” said Poilievre, vowing that the savings will be funded by slashing federal government bureaucracy rather than raising other taxes.
The Conservative plan would also benefit seniors and low-to-modest income earners, who Poilievre says will see the greatest percentage savings.
The announcement comes just one day after Liberal Leader Mark Carney introduced his own tax-cut proposal—a one-point reduction to the lowest bracket—promising up to $825 in savings for families.
While neither leader has yet detailed the overall cost of their pledges, both are positioning their plans as shields against the economic impact of U.S. tariffs and inflationary pressures.