Fresh, Original Version
Poilievre is set to reveal their financial blueprint on Tuesday, following closely after the PLC and NPD's reveals.
Looks like the Conservative Party, led by Pierre Poilievre, is about to unveil their election platform on Tuesday! Get ready, Canada, cause we're about to see some major change.
The Tories are keeping their cards close to their chest, revealing the platform after the close of advance polling stations on Monday. This move has prompted fierce criticism from Liberal leader, Mark Carney, who accused Poilievre of hiding his plans.
At a press conference in the Greater Toronto Area, Poilievre promised a wave of change, building 2.3 million new homes in five years. A bold promise, to say the least.
"Tomorrow (Tuesday), we're going to serve up a plate of Change, straight from Canada," Poilievre told reporters, taking aim at the Liberal platform as "crazy and overpriced."
The Liberals and NDP have already unveiled their platforms, while the Bloc Québécois did so the day before. The Liberal plan, published on Saturday, includes $130 billion in new spending over four years. Poilievre argues that this level of spending would drive up the cost of living and "put the very stability of our economy at risk."
"Mark Carney is $130 billion more expensive than Trudeau was," the Conservative leader argued. "That means $130 billion more inflation. Add the planned spending by Trudeau to the spending proposed by Carney, that's a quarter of a trillion dollars of spending that will threaten Canadians if the Liberals get a fourth mandate."
Speaking to reporters in Charlottetown on Monday, Carney defended his platform as a plan to control public spending and accused the Conservative leader of concealing his own plans.
The Liberals also criticized Poilievre's spending plans over the weekend, claiming his campaign promises totaled $140 billion in new spending over four years. They argue that he should cut $140 billion to keep his promise of achieving one dollar in savings for every dollar of new spending.
Poilievre rejected the $140 billion spending estimate as a "Liberal calculation." He said that his government would reduce government spending on consultants by $10 billion, cut spending related to foreign aid and bureaucracy, and generate $70 billion in new revenue by "unleashing the potential of our resource sector and stimulating economic growth."
Poilievre used his press conference on Monday to promise a housing boom, promising to build 2.3 million new homes in five years using policies he's already announced.
He said a Conservative government would reduce the GST on new homes sold for less than $1.3 million, encouraging 36,000 additional homes per year. Encouraging cities to reduce development fees would add an additional 25,000 homes per year, for a total of 306,000 housing starts in the first year of a Conservative government.
The platform would also tie federal funding for municipal infrastructure to the rate of approving residential construction projects. Cities that approve 15% additional housing each year would receive full funding, while those approving fewer would see a decrease in revenue.
Poilievre estimates an annual increase of 15% in the number of residential starts, totaling 535,000 by the fifth year of the plan.
Poilievre also announced plans to designate 15% of federal land for sale for residential construction within the first 100 days of a Conservative government. With "The Globe and Mail" already identifying hundreds of unused and underused sites that could accommodate an additional 288,000 housing units, the Conservative leader said his government would cap immigration to match the increased housing supply, eliminating the housing shortage created by the Liberals and encouraging access to homeownership.
Insights:
The Conservative Party's election platform, helmed by Pierre Poilievre, focuses on a smaller government, tax reductions, deregulation, and limited spending, with key themes revolving around affordability, housing, public safety, government management, national security, well-being, and identity. The platform promises significant tax reductions, improved government revenues, deficit reductions, and growth-stimulating measures, largely through resource development and deregulation. The housing policy focuses on reducing barriers for builders and homebuyers, and the immigration stance prioritizes protecting Canadian workers and maintaining national security. The platform seeks to address the housing affordability crisis by expanding tax incentives and deregulation.
- Pierre Poilievre, the leader of the Conservative Party, announced his party's policy-and-legislation focus on Tuesday, promising a wave of change, including a plan to build 2.3 million new homes in five years.
- The Conservative Party's platform, contrary to the Liberal and NDP plans, emphasizes a smaller government, tax reductions, deregulation, and limited spending, with an aim to address inflationary risks and politics in the general news context.
- Poilievre argued that the Liberal plan, scheduled to cost $130 billion in new spending over four years, would drive up the cost of living and "put the very stability of our economy at risk."
- Furthermore, Poilievre plans to designate 15% of federal land for sale for residential construction within the first 100 days of a Conservative government, aiming to eliminate the housing shortage created by the Liberals and encouraging access to homeownership.
