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Juno News

Liberals’ cutting luxury tax on private jets, yachts, but not pickup trucks

Carney quietly removed the luxury tax on private jets and yachts in Budget 2025 while keeping the tax firmly in place on working Canadians’ tools like pickup trucks and farm equipment.

Quinn Patrick
Nov 15, 2025
∙ Paid
Source: Facebook

Prime Minister Mark Carney quietly removed the luxury tax on private jets and yachts in Budget 2025 while keeping the tax firmly in place on working Canadians’ tools like pickup trucks and farm equipment.

The Carney government’s recent budget proposes to eliminate the “inefficient” Underused Housing Tax and the luxury tax on private aircr…

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