Monday, October 27, 2025

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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Related News

Poilievre Blames Trudeau For 25% of Canadians That May Be Living In Poverty

Pierre Poilievre, leader of the Conservative Party, launched a blistering attack on the Liberal government,...

Wednesday, June 19, 2024, 01:02:00 PM

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...

Friday, March 28, 2025, 11:40:00 AM

Poilievre’s Trades Worker Plan Draws Union Support As Campaign Hits Prairies

Conservative Leader Pierre Poilievre’s plan to expand tax benefits for trades workers has garnered support...

Monday, March 31, 2025, 11:04:00 AM

Tax Cuts Take Center Stage in Canadian Election Campaign

Canada’s federal party leaders are competing to offer voters the most attractive tax cuts ahead...

Tuesday, March 25, 2025, 10:04:00 AM

Poilievre Proposes Outstanding Capital Gains Tax Policy

Conservative Leader Pierre Poilievre’s recently announced Canada First Reinvestment Tax Cut has proposed a policy...

Tuesday, April 1, 2025, 12:54:00 PM