Poilievre Says Tax Cuts Needed to Save Canadian Jobs After Trump Win

President-elect Donald Trump speaks to supporters in West Palm Beach, Fla., after winning the U.S. presidential election on Nov. 6, 2024. John Fredricks/The Epoch Times

Conservative Leader Pierre Poilievre congratulated Donald Trump on his election victory in a post on social media, while highlighting the need for tax cuts to protect Canadian jobs amid the potential rise in competition from the United States.

“Yesterday’s [election] result confirms we must cancel [Prime Minister Justin Trudeau’s] plan to quadruple the carbon tax and hike other taxes, which would push hundreds of thousands more jobs south where President Trump will be cutting taxes even further,” he wrote on social media platform X on Nov. 6.

On the campaign trail, Trump had said that he wants to cut the corporate tax. His platform also mentions implementing “large tax cuts for workers” and removing tax on tips, along with pursuing additional non-specified cuts.

NDP Leader Jagmeet Singh, who did not publicly congratulate Trump, told reporters on Nov. 6 that a Trump presidency “is going to have serious impacts on Canadians.”

“We have to protect Canadian jobs; we have to prepare for the impacts of potential tariffs, and what that would mean for our economy, for manufacturing, for jobs in Canada,” he said. “We need to be very united to say, ‘Whatever our differences are, when it comes to Canadian interests and Canadian jobs, we are all going to work together to defend Canada.’”

Trump was declared the projected winner of the U.S. presidential election early on Nov. 6, having secured enough electoral votes, including key battleground states such as Pennsylvania, Michigan, and Georgia. As of publication time, Trump has garnered 292 electoral votes and is leading in the remaining states of Arizona, Alaska, and Nevada.

Trudeau issued an official statement on Nov. 6, congratulating Trump on his victory and highlighting their past collaborations during his first term, including bilateral trade and the CUSMA negotiation, which replaced the North American free trade agreement (NAFTA) and came into force in 2020.

“Canada and the U.S. have the world’s most successful partnership. We are neighbours and friends, united by a shared history, common values, and steadfast ties between our peoples. We are also each other’s largest trade partners and our economies are deeply intertwined,” Trudeau said in the statement.

“We look forward to working with President-elect Trump and his administration, including on issues such as trade, investment, and continental peace and security.”