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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Subsidiary NSM Capital Sarl Applies For License At Titanbeach One

Goliath Resources Accelerates Option Agreement On Golddigger While Reducing NSR

Related News

Did Liberals Just Admit They Only Serve Those Who Elect Them?

Rural Economic Development Minister Gudie Hutchings emphasized that the Western and Prairie provinces must elect...

Monday, October 30, 2023, 11:49:00 AM

Pierre Poilievre Calls for Electoral Law Changes to Stop ‘Longest Ballot’ Protests

Conservative Leader Pierre Poilievre is demanding the Canadian government pass legislation to prevent advocacy groups...

Sunday, July 27, 2025, 01:34:00 PM

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

Pierre Poilievre Calls for End to Canada’s Temporary Foreign Worker Program

Conservative Leader Pierre Poilievre demanded Wednesday that Canada’s government immediately scrap its Temporary Foreign Worker...

Thursday, September 4, 2025, 11:21:00 AM

Campbell Takes Aim at Carney, Calls for ‘Clear-Eyed’ Review of Liberal Decade

Former British Columbia Premier Gordon Campbell is calling on Canadians to engage in a “clear-eyed...

Thursday, April 24, 2025, 02:24:00 PM