Canada's 2025 Election Summarized So Far
Confused about all the information that the candidates have talked about so far? Here's a summary of what the two major candidates have promised so far.
Pierre Poilievre, leader of the Conservative Party of Canada, started out with a sizable lead in the polls against the Liberal Party—a double-digit lead, in fact. This stemmed largely from the unfavourability of former Prime Minister Justin Trudeau. Since Trudeau resigned and Mark Carney won the Liberal Party leadership race, things have changed significantly in the polls. Most polls currently have Carney’s Liberal Party ahead of Poilievre’s Conservatives.
Poilievre has been compared to Trump, and while there are some similarities, Trump tends to be a bit more extreme in his policies than Poilievre (see this comparison piece for more information).
Economic/Fiscal
Repeal Carbon Tax
15% tax cut to the lowest federal tax bracket (dropping it from 15% to 12.75%)
Implement pay-as-you-go law capping federal spending at budgeted amounts and requiring savings for new spending
Increase natural resource production via pre-approved areas and reduced regulation
Housing
Mandate a 15% increase in housing construction
$10,000 per new home
Convert federal buildings to housing
Immigration
Speed up licensing of foreign trained professionals
Link immigration levels to housing, healthcare, and infrastructure capacity
More study loans for training
Freedom of Expression
Withhold funding to non-compliant schools
Appoint “free speech” guardian
Monetary
Subject the Bank of Canada to audits by the Auditor General
Ban proposed digital currency
Facilitate the use of cryptocurrencies
Crime
Crack down on crime
Keep repeat offenders behind bars
Support "Freedom Convoy" protesters
Environment
Build pipelines
Rely on technology for emissions (details unclear)
Social/Cultural
Historical opposition to marriage equality
Controversial Indigenous statements (current stance unclear)
Opposes transgender inclusion in women's spaces and sports.
While Poilievre has been campaigning for some time, Mark Carney is new to the Canadian political scene and to politics in general. He has already made significant policy announcements as the new Liberal leader and has moved quickly. He has a strong economic background, having served as governor of the Bank of Canada and later as governor of the Bank of England.
Economic
Middle-class tax cut (1% off lowest income tax bracket)
Balanced operational budget, but separate operational vs investments
AI integration to make government quicker and more efficient
Pledged to have the fastest growing economy in the G7
Housing
Accelerate housing construction
Densification
Eliminate unit/parking maximums
GST removal for first-time buyers
Immigration
Temporary cap to pre-pandemic levels
Integrate 4M temporary residents
Align with housing/healthcare capacity
Foreign Policy
New partnerships (Europe, Asia, etc.)
Critical minerals supplier
Food security
Stand against U.S. tariffs
Military/Defense
Invest in Made-in-Canada defense
Meet 2% NATO target
Modernize NORAD
Arctic infrastructure
Border security
Environment
Remove consumer carbon tax
Green incentives
Tax industrial emitters (compensating for lack of consumer carbon tax)
Clean energy superpower
Carbon border-adjustment
Social/Healthcare
Improve doctor access
Lower wait times
Tackle homelessness/drug crisis
Provide reskilling programs for technological advancements
Indigenous reconciliation