Poilievre Sets Sights on Politicians’ Hidden Assets

Conservative Leader Pierre Poilievre has promised to introduce stricter ethics rules for elected officials, arguing that Canadians deserve more transparency in government. He unveiled his “Accountability Act 2.0,” a follow-up to the Federal Accountability Act introduced under former prime minister Stephen Harper, saying it would remove loopholes that let politicians profit from decisions made behind closed doors.

“A new Conservative government will bring change by introducing the Accountability Act 2.0, designed to remove the loopholes that [Mark] Carney and the Liberals are using to avoid accountability for themselves and for their party,” Poilievre said.

He pointed specifically to current ethics legislation that permits politicians to make decisions benefiting themselves or their families if it also benefits others, calling it “widely over-interpreted.”

Under Poilievre’s proposed system, anyone advising the government who stands to gain financially from that advice would be required to register as a lobbyist. Fines for ethics violations would rise to $10,000. Poilievre also pledged that cabinet ministers must divest fully from tax havens and disclose assets to the Ethics Commissioner, with no more “so-called blind trusts.”

“It means that when you’re going into cabinet, including becoming prime minister, you would actually have to sell all the assets, turn it into cash, hand that cash over to a trustee…unbeknownst to you, so that you would not have any ability to know what interests you have that go against the public interest,” Poilievre said.

He framed much of his announcement around Liberal Leader Mark Carney, formerly chair of Brookfield Asset Management, whose financial holdings have attracted scrutiny. Carney has maintained that he complied with ethics requirements by placing assets in a blind trust.

Poilievre, however, insisted his legislation would demand more direct disclosure, including revealing where public officials have paid taxes for the last seven years.


Information for this story was found via The Globe And Mail and 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

The Smart Money is Doubling Down | Fokus Mining & Gold Candle

The Silver Story That Could Surprise the Market | Dan Earle – Highlander Silver

Gold Fueled Agnico Eagle’s Best Year Ever | Q4 2025 Earnings

Recommended

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

First Majestic Q4 2025: Record Revenue, Earnings, Annual Silver Output

Related News

Poilievre, Singh Demand Public Inquiry On Chinese Interference After Johnston Report Suggests Public Hearings Instead

The leaders of the Conservative Party and the New Democratic Party are both calling for...

Wednesday, May 24, 2023, 11:49:00 AM

Poilievre’s Incel King Vs. Trudeau’s Blackface: The Showdown No One Needed

It’s only been a month since Pierre Poilievre ascended as the new Conservative Leader but...

Monday, October 10, 2022, 11:10:00 AM

Poilievre: “Canada Must Hit Back With 50% Tariffs”

Pierre Poilievre, leader of the Conservative Party in Canada, demanded a swift and forceful response...

Wednesday, March 12, 2025, 03:37:00 PM

Carney, Not Poilievre, Getting Credit for Axing the Carbon Tax

New polling data reveals an unexpected twist in the Canadian federal election — one that’s...

Thursday, April 10, 2025, 11:23:00 AM

Trudeau Gov’t To Exempt Heating Oil From Carbon Tax… A Year After Poilievre Proposed It And Liberals Voted Against

In a significant announcement made on Thursday, Prime Minister Justin Trudeau revealed that the government...

Friday, October 27, 2023, 03:51:00 PM