Conservative Leader Pierre Poilievre is promising to crack down on the use of offshore tax havens and recover as much as $1 billion a year in lost revenues.
In a video posted on X, Poilievre said the money recovered through the initiative will be used to help pay for his plan to introduce a $14-billion income tax cut by reducing the rate in the lowest tax bracket from 15 per cent to 12.75 per cent.
“You can’t avoid your taxes, global elites should not be able to either, and that is why I will end the Liberal two-tier tax system,” Poilievre said during a campaign stop in Edmonton on Tuesday.
