Poilievre would change law, require leadership candidates disclose conflicts

Conservative Leader Pierre Poilievre is vowing to amend the Conflict of Interest Act to force all party leadership candidates to disclose their financial holdings within 30 days of becoming candidates

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Conservative Leader Pierre Poilievre is vowing to amend the Conflict of Interest Act to force all party leadership candidates to disclose their financial holdings within 30 days of becoming candidates.

Poilievre shared his plan Friday in Toronto, Ont., targeting Liberal leadership frontrunner Mark Carney and his alleged conflicts of interest.

“Trudeau’s adviser Mark Carney has found a sneaky loophole without revealing to Canadians his massive, multi-million dollar foreign holdings, and he isn’t even required at the point of becoming Prime Minister to reveal these holdings,” Poilievre said. “He has 60 days to share the information with the Ethics Commissioner, and then another 60 days for a total of 120 before some of that information goes public.”

Poilievre claimed without such measures Carney would have time to sidestep scrutiny by moving his existing holdings into a “blind trust” while his trustee kept him invested in “all the same things.”

“So he could go on and govern for years, quietly and subtly, knowing what investments he has and making decisions that profit himself at the expense of the Canadian people,” Poilievre continued. “He could affect vital regulatory decisions, national security, international trade, all to his own benefit, all against the benefit of the Canadian people.”

To prevent such conflicts for politicians, Poilievre pledged that if elected his government would introduce legislation requiring “all future prime ministers and ministers to sell assets that create conflicts of interest.”

The amendments to the Act would also require official Canadian party leadership candidates to disclose their financial holdings within 30 days of entering the race. These disclosures would be made publicly available within 60 days.

“There’s nothing in the law that prevents Mr. Carney from doing the right thing. Today, he could voluntarily disclose to Canadians all of his holdings, and then people could judge for themselves,” Poilievre said. “He could offer to sell them all so that he wouldn’t be in a conflict of interest. But he’s being sneaky. He continues to hide.”

Carney did not respond to True North’s request for comment. His campaign has also prevented True North and other independent media from asking him questions at various events.

“Mr. Carney has become very well known for using his political power to become more and more wealthy. After he became an advisor to Justin Trudeau, suddenly, Brookfield, his company, was in the running to help in a multi-million dollar government pension incentive,” Poilievre said. “He used his political influence to try and get governments to subsidize heat pumps from which he could profit, and he’s been advising Justin Trudeau for five years on the economy, all while he’s been moving money and jobs out of our country.”

Poilievre argued that Carney’s alleged conflicts of interest could make Canada vulnerable to U.S. President Donald Trump should he become prime minister.

“Trump believes in using leverage against his Counterparty, he said so in his book, and his officials will come in with a briefing note, and that note will say, here are all Mark Carney’s millions of dollars of financial holdings in the United States, and the President would then be able to use his massive regulatory, taxation, government buying and other powers to manipulate Mark Carney against our country,” Poilievre said.

“Trump will leverage all of Mark Carney’s financial interests against Canada, and then Canadians would lose out again, just like they lost out when Carney sold out Canada and sent jobs to New York a few months ago.”

Carney has faced scrutiny throughout his two-month campaign for the Liberal leadership after being caught misleading Canadians on several occasions.

“Every time Mark Carney stands in front of the media media, he gets caught in a lie, a fib and a cover-up. He’s very sneaky, and he’s sneaking around the country,” Poilievre said. “You have to ask if you can believe anything he says.”

Carney was walked back several of his claims, including falsely denying Brookfield Asset Management’s decision to move its headquarters from Toronto to New York.

Conservatives have pointed to a letter Carney penned as the organization’s chair in Dec. 20, 2025–after Trump had already begun threatening Canada with tariffs–urging shareholders to move assets to the U.S. to increase profits.

“Mark Carney has been wrong about everything. He likes to talk about his experience. His experience is being wrong,” Poilievre said. “He was wrong about the carbon tax, about pipelines. He was wrong to advise Trudeau for money printing inflation over the last five years. He’s been wrong in the past, and he’s wrong for our future.”