Poilievre Announces New Canada First Economic Action Plan
Poilievre’s plan will make life affordable again by cutting taxes, building homes, lowering costs, and boosting the economy by unleashing Canadian resources and business.
April 11, 2025
FOR IMMEDIATE RELEASE
St. Catharines, ON — Today, Conservative Leader Pierre Poilievre unveiled his new ‘Canada First Economic Action Plan’ to make life affordable again, unleash our economy and rebuild a Canadian economic powerhouse, with a realistic goal of boosting Canada’s economic activity by a total of a half-trillion dollars over the next five years.
After the Global Financial Crisis, the Conservative government’s Economic Action Plan helped Canada weather the storm and bring our economy roaring back. But what’s different between today and the situation Canadians faced in 2008 is that back then, life was affordable. Food was affordable. Housing was affordable. Taxes were lower.
But now, after the Lost Liberal Decade, with costs up and our economy down, this is no longer the case. The Canada First Economic Action Plan will make life affordable again. Workers will keep more of their paycheques with the Bring It Home Tax Cut, cutting income taxes by 15%. That means the average worker will keep an extra $900 each year, while dual-income families will keep $1,800 more annually.
With more money in Canadians’ pockets, Conservatives will also make each dollar go further by axing the federal sales tax on new homes up to $1.3 million. Combined with a plan to incentivize cities to lower development charges, this will save homebuyers $100,000 on new homes. And to protect our auto workers’ jobs and save Canadians money, Conservatives will axe the sales tax on new Canadian cars.
Conservatives will train 350,000 new apprentices over the next five years with an expanded Union Training and Innovation Program (UTIP), and restore $4000 apprenticeship grants the Liberals cancelled. This means more good, union jobs for our young people, and more homes being built by our skilled tradesworkers for those young people to live in. And to support businesses impacted by Trump’s tariffs and keep our workers working, we will create a ‘Keep Canadians Working Fund.’
To make life affordable again, we need to cut taxes and build more homes. And to do this we need to boost our economy by unleashing our resources. In the last ten years, with Mark Carney advising them, the Liberals killed 16 major energy projects worth $176 billion with the ‘No New Development Law’ C-69 that made it impossible to get major projects built in our country and drove investment south to the United States with a cap on Canadian energy production.
Mark Carney has doubled down on his failed Liberal “keep-it-in-the-ground” ideology, saying that “more than 80 per cent of current fossil fuel reserves … would need to stay in the ground.” He has said he will keep C-69, the energy production cap, and the industrial carbon tax. He will continue to stifle development in Canada, leading to more economic stagnation and reliance on foreign imports and the American export market where we are forced to sell our resources at a discount.
Mark Carney has no plan to rebuild Canada and the Canadian economy. A resume is not a plan. We can’t afford a fourth Liberal term with the same Liberal Team recycling the same failed Liberal policies. We need a new Conservative government that will put economic growth First–For a Change.
Poilievre’s new Canada First Economic Action Plan will:
- Repeal C-69 along with Bill C-48, lift the cap on Canadian energy and scrap the industrial carbon tax, to get major projects built, unlock our resources, and start selling Canadian energy to the world again, bringing home good jobs and billions of dollars in lost investment, and putting Canada First–For a Change.
- Create a National Energy Corridor, a pre-approved transport corridor for pipelines, transmission lines, railways and other critical infrastructure to rapidly build the projects our country needs and move Canadian resources from coast to coast, bypassing the US and making us less reliant on the American market.
- Bring in the Canada First Reinvestment Tax Cut to reward Canadians who reinvest their earnings back into our country, unlocking billions for home building, manufacturing, and tools, training and technology to boost productivity.
- Create a One-Stop-Shop to safely and rapidly approve resource projects, with one simple application and one environmental review within one year. This will make sure we can rapidly approve the projects Canadians need more of now: mines, roads, LNG terminals, hydro projects, and nuclear power stations.
- Rapidly approve Phase 2 of LNG Canada to the project’s double gas production and accelerate at least nine other projects currently snarled in Liberal red tape.
- Upgrade the Port of Churchill to open another door to export Canadian resources to the world.
- Pre-permit Shovel-Ready Zones for development, to eliminate delays and red tape so we can start building again.
- Cut red tape by 25% with a new Two-for-One Rule, eliminating two regulatory requirements for every new one imposed to unleash our entrepreneurs. And to guarantee results, we require the Auditor General to verify them every year. Conservatives will also pass a dollar-for-dollar law requiring one dollar of savings for every new dollar of spending.
Canada’s Conservative Economic Action Plan got Canada building again after a global recession. And now, in another moment of crisis, Poilievre’s new Canada First Economic Action plan will make life affordable again and supercharge Canada’s economy with major new infrastructure and resource projects across the country, rebuilding our country and turning Canada into an economic powerhouse once again.
After the Lost Liberal Decade, with costs up and our economy down and under America’s thumb, Canadians cannot afford a fourth Liberal term. We need a new Conservative government that will axe taxes, build homes, and bring home jobs and dollars to stand on our own feet and stand up to Trump from a position of strength and put Canada First—For a Change.
