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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Related News

Crypto Crash, Pierre Poilievre, and the Madonna NFT Snatch

Following a violent correction in the cryptocurrency markets, and with no small amount of schadenfreude,...

Saturday, May 21, 2022, 09:00:00 AM

Pierre Poilievre Wins Conservative Party Leadership

Buckle up, Justin Trudeau, Pierre Poilievre is coming for your throne! The 43-year old politician...

Saturday, September 10, 2022, 08:53:32 PM

Poilievre Maintains Base Support Despite Negative Ratings as Leadership Vote Looms

Pierre Poilievre enters a mandatory leadership review Friday with overwhelming support from Conservative Party members...

Friday, January 30, 2026, 03:06:00 PM

Conservative Leader Poilievre Defeated in Own Riding as Liberals Take Power

Conservative Leader Pierre Poilievre not only failed to become prime minister but also lost his...

Tuesday, April 29, 2025, 10:45:00 AM

Far-Right Extremist Jeremy McKenzie Threatened to Rape Pierre Poilievre’s Wife

Newly-elected Conservative Party leader Pierre Poilievre is bringing attention to rape threats made about his...

Monday, September 26, 2022, 02:38:26 PM