CONSERVATIVE Leader Pierre Poilievre on Friday unveiled his new ‘Canada First Economic Action Plan’ to make life affordable again, unleash the 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.

He said that after the global financial crisis, the Conservative government’s Economic Action Plan helped Canada weather the storm and bring the 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, with costs up and the 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 the 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 $4,000 apprenticeship grants the Liberals cancelled. This means more good, union jobs for young people, and more homes being built by skilled tradesworkers for those young people to live in. And to support businesses impacted by U.S. President Donald Trump’s tariffs and keep workers working, the Conservatives will create a ‘Keep Canadians Working Fund.’

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 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 the 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.