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Investing.com -- Canada’s Conservative Party Leader Pierre Poilievre sharply criticized Prime Minister Mark Carney’s newly released costed platform on Monday, calling it costly, inflationary, and a continuation of Justin Trudeau’s approach to deficits. “Carney will cost you $130B more than Trudeau,” Poilievre said, describing the Liberal plan as one that would “bring in a quarter trillion dollars of new inflationary debt.”
Poilievre argued that Carney’s policy approach mirrors that of Trudeau’s past governments, with “the same ministers, the same advisers, and the same platform,” and predicted that housing and food costs would continue to rise under another Liberal term. He also referred to reports suggesting the Liberal platform was developed by "search-and-replacing" material originally produced under Trudeau.
In response, Poilievre unveiled his own detailed housing plan, pledging to build 2.3 million new homes over five years. Measures include slashing federal sales taxes on new home construction, rewarding municipalities that cut development fees, expanding federal land sales for home building, and requiring cities to permit 15% more new housing annually as a condition for federal funding.
The Conservative plan also includes infrastructure investment on federal land and a cap on immigration levels to ensure that housing supply grows faster than population. Poilievre said these measures would restore affordability and raise Canada’s housing construction rate to over 535,000 homes per year by 2030.
In contrast to Carney’s estimated $78 billion in new Liberal spending, Poilievre promised to reduce overall spending by capping government growth, cutting red tape, and eliminating capital gains tax on reinvested assets. He also pledged a 15% income tax cut to “make hard work pay off again.”