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

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Housing Hell: Pierre Poilievre’s Political Ad Blames Trudeau For Crisis

In a departure from traditional political advertising, Conservative Leader Pierre Poilievre has released a 15-minute...

Tuesday, December 5, 2023, 03:01:00 PM

Conservatives Hit Record 25-Point Lead After Trudeau Exit

Canadian Prime Minister Justin Trudeau’s resignation announcement has failed to lift his Liberal Party’s sagging...

Saturday, January 11, 2025, 09:29:00 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

New Poll Finds Majority of Canadians Crave Political Change, Conservatives Gain Over Liberals

Canadian politics is witnessing a widespread desire for change, according to a recent survey conducted...

Wednesday, June 14, 2023, 10:48:05 AM

Ford’s Strategist Teneycke Calls Poilievre Campaign ‘Delusional’

A prominent Conservative Party strategist is publicly criticizing his own party’s election campaign, suggesting leader...

Friday, April 11, 2025, 12:13:00 PM