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NDP proposes tax cuts on essentials and higher tax-free income thresholds in Canada's 2025 election.
In Canada's 2025 election, the NDP proposes removing GST on essentials like children's clothes and heating, saving families $448 annually, and raising the tax-free income threshold to $19,500 for those earning under $177,882, saving them $505 a year. The Conservatives plan to allow seniors to earn up to $34,000 tax-free and delay RRSP withdrawal decisions until age 73. The Liberals and Greens also propose changes to capital gains tax to address inflation and income inequality.
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