Chrystia Freeland would drop the Canadian government’s policy of raising the capital gains inclusion rate if she wins the race to replace Justin Trudeau as prime minister, according to a person with knowledge of her plan.

Liberal leadership candidate Chrystia Freeland would scrap changes to the capital gains tax that she introduced as finance minister, CBC News has confirmed.

As finance minister, Freeland hiked the capital gains tax inclusion rate in the federal budget less than a year ago, increasing the share of capital gains on which individuals or corporations have to pay tax.