Poilievre Blasts Trump Tariffs, Announces Plan to Boost Canadian Investments

Conservative Leader Pierre Poilievre on Thursday called on US President Donald Trump to end his “disastrous tariff threats” against Canada while unveiling a new tax-free savings plan aimed at boosting domestic investment.

“My message to President Trump is, knock it off,” Poilievre said during a campaign stop at Apollo Sheet Metal in Coquitlam, British Columbia. “Stop attacking America’s friends. Start trading so we can once again become richer, stronger, and more secure on both sides of the border.”

Trump signed an executive order Wednesday night imposing new auto tariffs on Canada, drawing swift responses from Canadian political leaders amid the ongoing federal election campaign.

While Liberal Leader Mark Carney returned to Ottawa for meetings with his US-Canada cabinet committee and NDP Leader Jagmeet Singh diverted to Windsor, Ontario to support autoworkers, Poilievre maintained his scheduled campaign events in British Columbia.

Poilievre announced a proposal to increase tax-free savings account contribution limits by an additional $5,000 annually, on top of the current $7,000 limit, specifically for investments in Canadian companies.

“This will bring billions of dollars of investment into Canadian companies who will then spend it on factories, equipment, tools, wages, and making our economy self-reliant and strong,” he said.

According to the Canada Revenue Agency, nearly 18 million Canadians had TFSAs in 2022, but only 1.5 million had maximized their contribution room, with Canadians averaging $46,192 in unused contribution space.

Poilievre said his government would craft a definition for banks to identify qualifying Canadian companies that support domestic jobs.

The Conservative leader also blamed policies supported by Liberal leader Carney for weakening Canada’s position against US tariffs, saying the tax system “now rewards corporate insiders that move their money out of Canada.”

NDP MP Peter Julian criticized Poilievre’s TFSA proposal, claiming it would primarily benefit wealthier Canadians. “Only about five percent of Canadians actually get to their limit in existing TFSAs and they’re the top five percent of income earners,” Julian said.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

200 Grams of Gold And 21% Copper — That’s Not Normal | Matt Wilson – Sterling Metals

Silver at $100? This Time It Might Stay There. | David Morgan

Critical Minerals Are Rerating! | John Passalacqua – First Phosphate

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Trump Pats Himself With EU Tariffs Delay

President Donald Trump announced that he has agreed to postpone the threatened 50% tariff on...

Monday, May 26, 2025, 03:40:00 PM

Temporary Foreign Worker Program: Officials Rarely Visit Worksites They Claim to Inspect, Data Show

Most inspections of Canada’s temporary foreign worker program occur without government officials ever visiting the...

Thursday, October 2, 2025, 02:19:00 PM

Trump Signals No Trade Deal With Canada Before Deadline: “Pay The Tariffs”

President Donald Trump left the White House Friday declaring that negotiations with Canada are “not...

Saturday, July 26, 2025, 09:18:00 AM

BREAKING: Trump Announces Expanded Market Access In First Post-Tariff Deal With UK

President Donald Trump on Thursday announced a preliminary trade agreement with the UK—his first since...

Thursday, May 8, 2025, 11:32:06 AM

By Single Vote Margin, Liberals Claim Key Quebec Riding

A judicial recount in Quebec has awarded the Terrebonne riding to the Liberal Party by...

Monday, May 12, 2025, 07:38:00 AM