Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
News

Canadians ready to ditch capital gains tax hike but not dental care

OTTAWA — Canadians want to keep some of the big social programs Prime Minister Justin Trudeau ushered in during his last few years in office, but would prefer to reverse the capital gains tax hike that was meant to help pay for them, a new The Logic poll conducted by Abacus Data suggests.

News

Canadians ready to ditch capital gains tax hike but not dental care

New poll finds support for key Liberal programs even as Trudeau heads for the exit

By Laura Osman
Justin Trudeau appears at the entrance to Rideau Cottage in a dark three-quarter length jacket and blue tie. The black door to the red brick home is wreathed with festive boughs and holly berries.
Prime Minister Justin Trudeau emerges from Rideau Cottage in Ottawa on Jan. 6, 2025 to announce his resignation as Liberal leader and prime minister. Photo: The Canadian Press/Sean Kilpatrick
Jan 16, 2025
A A
A Small A Medium A Large
Share

Gift

Share

OTTAWA — Canadians want to keep some of the big social programs Prime Minister Justin Trudeau ushered in during his last few years in office, but would prefer to reverse the capital gains tax hike that was meant to help pay for them, a new The Logic poll conducted by Abacus Data suggests.

Sixty-two per cent of Canadians surveyed said they want the government’s national dental-care program to last, and 60 per cent said they still support federal drug coverage for diabetes and birth control medication. 

Talking Points

  • Canadians appear attached to some of the Liberal government’s policies, including dental care and pharmacare, even if their affinity for the party has waned
  • Many would like to see the next government roll back the carbon tax and capital gains tax changes

Among the least-loved Liberal policies: the recent hike to the capital gains inclusion rate, which 44 per cent of respondents would like to scrap. Twenty-seven per cent said they’d like to keep it in place, and 29 per cent said they either didn’t know or didn’t care.

Half would do away with the carbon tax—the policy with the least support of all.

“Here’s another indicator that the overall agenda of the Trudeau government was not rejected. In fact, there’s large parts of it that people like,” Abacus CEO David Coletto told The Logic.

Trudeau announced earlier this month he was resigning after watching his personal and party poll numbers sink for more than a year. The Conservatives are now heavily favoured to win the next election and the Liberals are searching for a new leader and a policy vision to reinvigorate the party. 

Related Articles

Justin Trudeau and Donald Trump sit side-by-side at a table covered by a white tablecloth, with flowers and drinking glasses in the foreground. Trudeau is wearing a dark suit with a blue tie; Trump a blue jacket and yellow tie. There are people seated at tables in the expansive, ornate dining room in the background.

No ‘Trump bump’ for Trudeau, new poll finds

By David Reevely
Illustration of Justin Trudeau, Pierre Poilievre, Jagmeet Singh and Yves-François Blanchet in business attire.

Tories have huge lead in economic trust—especially among young Canadians

By David Reevely

This latest poll finds faith in the Conservatives to handle the economy is up: 42 per cent of respondents said they trust the Tories most, compared to 37 per cent in The Logic’s previous poll with Abacus in December.

Trust in the Liberals, meanwhile, has dropped two percentage points, to 16 per cent, since the previous poll, which was done before Trudeau’s finance minister Chrystia Freeland resigned in protest and Trudeau himself threw in the towel.

“I think Freeland leaving was a body blow to the economic credibility of the Trudeau government, and I think it’s reflected in these numbers,” Coletto said. Anxieties about tariff threats from U.S. president-elect Donald Trump could also be a factor, he said.

The government’s dental and pharmacare programs were born out of a political pact between the Liberals and NDP, who demanded the coverage in exchange for their support on key votes in the House of Commons.

The parliamentary budget officer estimates that dental care will cost the government $10 billion over five years, and the Finance Department expects pharmacare to cost an additional $1.5 billion over a five-year span.

The Conservatives opposed both programs as costly threats to personal and employer-provided insurance coverage. Yet The Logic poll suggests that half of the people who plan to vote for the Conservatives want the party to maintain those programs. 

Abacus found 62 per cent of respondents would also like to hold onto spending and initiatives aimed at municipalities to spur housing development, like the housing accelerator fund.

The Conservatives have promised to scrap that program, which offers funds to cities that adjust their bylaws in favour of homebuilding; and the $5-billion housing infrastructure fund, which goes to provinces who adopt certain housing policies. 

Poilievre said he would use the savings to cut GST on newly built homes sold for less than $1 million. 

About the poll

The Logic and Abacus Data have partnered to poll Canadians on key economic issues as the federal political parties prepare for the next election. The surveys take stock of voters’ priorities and their views of the parties’ policies on matters ranging from affordability to making Canada more competitive. On questions of economic stewardship, we are tracking attitudes over time. We will also seek responses on other issues as they emerge in the public conversation. For today’s story, Abacus surveyed 1,500 Canadians aged 18 and over from Jan. 9 to 14 through an online panel. The margin of error for a comparable probability-based random sample of the same size would be 2.3 per cent, 19 times out of 20.

“​​For the Conservatives, if they were to form a government after the next election, the question is, what can they cut that wouldn’t create some backlash,” Coletto said.

The party’s leader, Pierre Poillievre, has long campaigned on a promise to “axe” the carbon tax and earlier this week his party reiterated its opposition to the capital gains tax hike in a letter to the finance minister.

The Liberals pitched a plan to increase the inclusion rate on capital gains taxes in the last budget as a way to increase revenue drawn from the country’s highest earners and use the money for younger, less-well-off Canadians.

The enabling legislation was stalled for months and still hadn’t made it across the finish line when Trudeau prorogued Parliament, sending the process back to square one. The Canada Revenue Agency plans to continue to collect capital gains at the higher rate until the government tells them not to.

“The perception that it affected far more people than it actually did, I think, turned people against it,” Coletto said of results on capital gains.

There’s still some support for the tax policy, particularly among progressives, he noted. 

Gift the full article

If the next Liberal leader were to do away with capital gains and the carbon tax, however, it could signal a move away from signature Trudeau policies while still allowing voters to reflect on the programs they appreciated, Coletto said. 

For the Liberals, “I think there’s an indication here that all is not lost,” he said.

#capital gains tax #economy #Justin Trudeau #leadership #Pierre Poilievre

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Justin Trudeau appears at the entrance to Rideau Cottage in a dark three-quarter length jacket and blue tie. The black door to the red brick home is wreathed with festive boughs and holly berries.

Photo: The Canadian Press/Sean Kilpatrick

Most Popular This Week

A shot of a placard on a table reading "Let Alberta Decide." There is a person out of focus in the foreground wearing a cowboy hat.
The Big Read

What Alberta’s corporate heavyweights really think about separation

By Meghan Potkins
A person in glasses and a blue top is sitting and typing on a laptop in an office. A desktop screen next to the laptop displays some blurred-out coding work.
News

A niche white-collar role is becoming the AI industry’s hot new job

By Anita Balakrishnan
A logo that reads AI in blue lettering against a light yellow background.
News

What happened when a VC firm let AI do almost everything

By Catherine McIntyre
News

Canada joins the movement to make AI more open source

By Murad Hemmadi

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

Despite a down year a sign board displays the TSX's upbeat close on the final day of the year, in Toronto's financial district on Monday, Dec. 31, 2018.
Analysis

Canada’s ETF industry is almost a trillion-dollar business

By Chaimae Chouiekh

Briefing

GFL stock jumps on report of takeover interest

By Anita Balakrishnan   |   Jul 3, 2026 | 3:49 PM ET

McKinsey to challenge internal leaders on AI plans under new leadership structure

By Anita Balakrishnan   |   Jul 3, 2026 | 3:25 PM ET

Lobby group can participate in crypto miners’ lawsuits against Hydro-Québec, judge rules

By Martin Patriquin   |   Jul 3, 2026 | 2:57 PM ET

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

Analysis

It turns out Trump does need something from Canada—aluminum

By Joanna Smith   |   Jun 25, 2026
A close-up of a made-in-Canada stamp on the end of a cylindrical piece of raw aluminum.
The Big Read

What Alberta’s corporate heavyweights really think about separation

By Meghan Potkins   |   Jul 2, 2026
A shot of a placard on a table reading "Let Alberta Decide." There is a person out of focus in the foreground wearing a cowboy hat.
News

What happened when a VC firm let AI do almost everything

By Catherine McIntyre   |   Jun 29, 2026
A logo that reads AI in blue lettering against a light yellow background.
News

A niche white-collar role is becoming the AI industry’s hot new job

By Anita Balakrishnan   |   Jun 30, 2026
A person in glasses and a blue top is sitting and typing on a laptop in an office. A desktop screen next to the laptop displays some blurred-out coding work.
Exclusive

Ssense has laid off photo and make-up teams and says AI will do much of their work

By Catherine McIntyre   |   Jun 22, 2026
News

Alberta to free up a huge amount of power to attract Big Tech and its data centres

By Meghan Potkins   |   Jun 24, 2026
A wide landscape shot of high-tension power lines over green and golden fields in rolling countryside.

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account