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Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

  • Conservative Leader Pierre Poilievre announced plans to remove the GST from Canadian-made vehicles to support autoworkers impacted by U.S. Tariffs, stating it would save buyers $2,500 on a qualifying car priced at $50,000.
  • NDP Leader Jagmeet Singh proposed tax-free savings bonds for Canadians to invest in the country, while also calling for U.S. Automakers to use Canadian parts.
  • Prime Minister Mark Carney announced Canada will impose counter-tariffs matching Trump’s 25 percent automotive tariffs, stating that all proceeds will go to Canadian autoworkers and companies affected.
  • Both the NDP and Conservatives are putting forward policies to help Canada weather U.S. Tariffs as leaders campaign ahead of the April 28 election, focusing on resilience and support for Canadian workers.
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Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

The New Democrats and Conservatives pitched fresh ideas on the federal election trail Thursday to make Canada and its workers more resilient in the face of tariffs imposed by U.S. President Donald Trump.

·Canada
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BIV News broke the news in on Thursday, April 3, 2025.
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