Party Platforms

Conservative

The Conservatives promise to cut the lowest income tax bracket from 15 to 12.75 per cent. This would save a person making $57,000 about $900 per year.

The Conservatives are also promising to allow Canadians to save an additional $5,000 in their Tax-Free Savings Accounts (TFSAs) if that money is invested into Canadian companies.

In addition, the Conservatives say they would allow Canadians to defer capital gains tax if they reinvest those earnings in Canada.

Liberal

The Liberals promise to cut the lowest income tax bracket by one per cent. This would save a dual-income family up to $825 per year.

The Liberals also promise to leave the capital gains inclusion rate unchanged, ditching the previous Liberal government’s plan to raise it above gains of $250,000.

NDP

The NDP are promising to raise the basic personal amount to $19,500 for anyone earning less than $177,882. They say the move would save workers about $505.

The NDP also say they would permanently remove the GST from essentials like grocery store meals, diapers and strollers, as well as from monthly bills such as cell, internet and heating bills.

In addition, they would double the Canada Disability Benefit.

Conservative

The Conservatives promise to eliminate the federal GST on new homes up to $1.3 million to save homebuyers up to $65,000.

The Conservatives also say they would encourage cities to lower development charges, which drive up the cost of new housing. To help do so, they would reimburse cities at 50 per cent for every dollar they cut in development charges, up to a maximum of $25,000 per home.

The party says these measures combined could cut housing taxes by $100,000 for the average home in high-priced markets.

Liberal

The Liberals are vowing to build nearly 500,000 homes per year and to create a new agency to oversee affordable housing construction, including on public lands.

The Liberals are also promising to eliminate the GST for first-time homebuyers on homes at or under $1 million, saving them up to $50,000, and to provide $25 billion in financing for builders of prefabricated homes.

Conservative

Any extra revenue generated from expanded trade with the United States following a new trade agreement will go into the Canadian Armed Forces. The Conservatives have also promised to speed up approvals for military veterans’ disability applications.

Liberal

The Liberals promise to accelerate Canada’s defence spending to reach the two per cent NATO target by 2030, with a new defence procurement agency to streamline military purchases.

The Liberals also promise to boost salaries for members of the armed forces in an effort to bolster recruitment efforts, and to expand Canada’s presence in the Arctic.

NDP

NDP Leader Jagmeet Singh says the party would cancel Canada's F-35 contract and build jets domestically instead. The NDP say they would also bolster Canada's Arctic with new defence spending, building marine search and research stations, increasing pay for soldiers and building northern community infrastructure.

Conservative

The Conservatives say they won’t cut pharmacare or dental care programs if elected.

NDP

An NDP government would establish a complete public pharmacare system within four years, starting with an expansion with "100 of the most prescribed medications," including pain medications and antibiotics, at a cost of roughly $3.5 billion.

The party promised to hire 35,000 nurses by 2030, and ensure all Canadians have access to a family doctor by 2030 by offering an additional one per cent in Canada Health Transfer funding to provinces that guarantee such access.

NDP Leader Jagmeet Singh also promises to crack down on "cash-for-care" clinics that charge Canadians for basic services and to ban American firms from buying up Canadian health-care assets.

Conservative

The Conservatives say they would allow working seniors to earn up to $34,000 tax free. They would also allow seniors to keep growing their savings in RRSPs until age 73, up from 71. They would keep the retirement age set at 65.

Liberal

The Liberals have proposed increasing the guarantee income supplement by five per cent and reducing the minimum RRIF withdrawal amount by 25 per cent, each for one year, to help seniors protect their retirement savings while markets adjust to U.S. tariffs.

NDP

The NDP are promising to “lift all seniors out of poverty” by raising the Guaranteed Income Supplement (GIS).

Conservative

Conservative Leader Pierre Poilievre says he supports targeted, reciprocal tariffs as a short-term response, but that there needs to be a long-term response that leaves Canada less dependent on the U.S.

He says there are several “red lines” he would not cross in negotiations with the U.S., including Canada’s borders, security, resources, farmers (including supply managed farmers), fresh water, sovereignty, Canadian laws and currency, culture, official languages, resources and indigenous rights.

The Conservatives would also allow Canadians to save an additional $5,000 in their Tax-Free Savings Accounts (TFSAs) if that money is invested into Canadian companies as part of a strategy to bolster investment in the country.

Liberal

The Liberals would create a $2 billion fund to bolster the auto sector, and a $5 billion fund to diversify trade corridors with Canada’s partners outside of the U.S.

The party would also waive the one-week waiting period for employment insurance for those who lose their jobs to U.S. tariffs and temporarily allow Canadian businesses to defer income tax as well as GST and HST payments.

NDP

The NDP are promising to waive the GST on vehicles made in Canada. They would also make sure that the federal government only purchase Canadian-made vehicles for services like the RCMP and Canada Post, and prevent any manufacturing equipment from being removed from Canadian factories.

Additionally, the NDP promise to introduce an “emergency price cap” on basic food items as part of the tariff response.

The party would also give all money collected from counter-tariffs to workers and communities hit the hardest by the U.S. trade war.

Conservative

The Conservatives are promising a “responsible federalism” that treats the provinces as partners. They are promising to protect Quebec’s autonomy, language and culture if elected.

Conservative

Conservative Leader Pierre Poilievre is promising to create a "pre-approved" energy corridor entirely within Canada to fast-track approvals for infrastructure projects. He says the move would help get hundreds of billions of dollars worth of Canadian energy to markets outside the U.S.

Poilievre says he'd "set a deadline" to approve all federal permits for mining in northwestern Ontario's Ring of Fire region within six months. He says that a Conservative government would also commit $1 billion over three years to building a road network to link the mining sites to Ontario's highway network and First Nations communities in the area.

A Conservative government would also repeal the entire carbon pricing law for consumers and big industry. The Conservatives also say they would slash foreign aid to focus on Canada instead.

Liberal

Liberal Party Leader Mark Carney says the party would diversify Canadian trade. He says his government would also invest $5 billion in a new Trade Diversification Corridor Fund to build the infrastructure that would help diversify Canada's trade and create jobs.

NDP

The NDP would introduce price caps on basic food items like pasta, frozen vegetables and infant formula. They would also enforce a mandatory grocery code of conduct to regulate food prices.

Conservative

The Conservatives are promising mandatory life sentences for large-scale fentanyl trafficking, five or more counts of human trafficking, or of importing or exporting 10 or more illegal firearms.

“Three Strikes, You're Out Law” would lock up offenders for 10 years without parole, bail or house arrest following a third conviction for a serious offence.

The party would also use the notwithstanding clause to allow consecutive life sentences for people convicted of multiple murders, overriding a Supreme Court ruling that found them to be unconstitutional.

Liberal

The Liberals are promising an “efficient gun-buyback program” for assault-style firearms, as well as legislation that would automatically revoke gun licenses for those convicted of violent offences, particularly intimate partner violence.

They would hire 1,000 more RCMP personnel, train 1,000 more CBSA officers, and boost funding to the Public Prosecution Services of Canada.

The Liberal plan would also tighten bail laws for violent and organized crime, home invasions, car theft, and human trafficking, especially for repeat offenders.

To address the rising tide of hate crime, the Liberals would introduce legislation to make it a criminal offence to willfully obstruct access to any place of worship, schools, or community centres; and to willfully intimidate or threaten those attending services at those locations.