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The Economics of Mark Carney & Pierre Poilievre

Part 1 (Who They Are):    • Who Are Mark Carney & Pierre Poilievre?  

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April 28, 2025.

The most important Canadian election in decades is near.
Mark Carney and Pierre Poilievre offer two radically different economic visions. One represents a centralized, technocratic model grounded in climate finance, public infrastructure, and institutional trust. The other champions a decentralized, free-market strategy focused on deregulation, energy investment, and housing supply.

In this video, we break down their core policies on housing affordability, trade, taxation, and investment. We examine Carney’s Build Canada Homes initiative, his GST exemptions for first-time homebuyers, and his use of MURB tax incentives. On the other side, we look at Poilievre’s housing growth mandates for cities, his proposal to penalize NIMBYism, and his overhaul of CMHC processes.

We cover the looming trade war with the United States, Trump’s proposed 25 percent tariff on Canadian goods, and Carney’s retaliatory $60 billion in tariffs. We analyze Carney’s attempt to eliminate interprovincial trade barriers and diversify trade through $5 billion in infrastructure investments. Poilievre takes a different approach, proposing shovel-ready zones, fast-tracked mining permits, and skilled trades expansion.

We also explore tax reform. Carney supports a modest 1 percent income tax cut and plans to shift the carbon tax burden from consumers to industrial emitters. Poilievre proposes a 2.25 percent tax cut, a capital gains deferral if reinvested in Canadian businesses, and a TFSA expansion that rewards investment in domestic companies.

We explain the stakes for GDP, real estate prices, energy exports, and small business competitiveness. We also highlight key challenges, from permitting bottlenecks and environmental tradeoffs to capital flight and speculative housing bubbles.

This is the most detailed breakdown of Canada’s 2025 economic election platforms. No endorsements. No fluff. Just the facts.

00:00 - Intro
00:24 - Affordability
07:19 - Tariffs
17:28 - Taxes
20:47 - Conclusi

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