Poilievre Accuses Mark Carney of Tax Evasion, Vows to Crack Down on Offshore Tax Havens

Conservative Leader Pierre Poilievre has accused Liberal Party Leader Mark Carney of hiding his company’s money in Bermuda to avoid paying Canadian taxes. Poilievre has promised that if he forms a Conservative government, he will take strong action to crack down on the use of offshore tax havens, with the goal of recovering up to $1 billion in lost revenue each year.

Poilievre stated that the money recovered from these tax havens would be used to offset a $14-billion income tax cut. Additionally, he outlined plans to establish a tax task force made up of experts who would review Canada’s tax laws and make recommendations to simplify and streamline the rules, particularly for small businesses.

Poilievre emphasized that the task force's first priority would be to identify and close loopholes that allow companies to park their profits in tax havens and evade paying taxes in Canada.