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 Monetary System Is Cracking – Gold Is the Pressure Valve | Ross Beaty – Equinox Gold

Heliostar Metals: The Cerro del Gallo PFS

Aura Minerals: Speedrunning The Era Dorada Project

Recommended

When A Shut-Down Mine Starts Making Sense Again | Selkirk Copper

First Majestic Sells Past Producing Del Toro Silver Mine For Up To US$60 Million

Related News

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

Ford Tells Poilievre He’s ‘Staying Out’ of Federal Election

Ontario Premier Doug Ford has told Conservative Leader Pierre Poilievre he’s “staying out” of Sunday’s...

Friday, March 21, 2025, 02:14:00 PM

Pierre Poilievre Picks Up Support from Business Leaders

More than 30 prominent Canadian business executives formally endorsed Conservative Leader Pierre Poilievre on Saturday,...

Monday, April 14, 2025, 04:22:00 PM

Federal Party Leaders Hit Historic Low in Popularity, Analysis Reveals

It’s no surprise that Prime Minister Justin Trudeau and his Liberal Party are on a...

Monday, May 13, 2024, 07:46:20 AM

Record 209 Candidates Force Write-In Ballots in Alberta By-Election

Elections Canada announced Monday that the upcoming Battle River-Crowfoot by-election in Alberta will use an...

Tuesday, July 29, 2025, 02:56:00 PM