Carney Promises 1 Percentage Point Cut in Lowest Income Tax Bracket as He Launches Campaign

Liberal Leader Mark Carney speaks to media at Rideau Hall, where, as prime minister, he asked the Governor General to dissolve Parliament and call an election, in Ottawa, on March 23, 2025. Andrej Ivanov/Getty Images

Minutes after asking Gov. Gen. Mary Simon to dissolve Parliament and trigger an election for April 28, Liberal Leader Mark Carney launched his campaign outside Rideau Hall in Ottawa on March 23.

Carney made a new policy announcement during his speech, saying he would reduce the lowest-income tax bracket by 1 percentage point.