Liberal Party of Canada
Leader: Mark Carney (appointed PM after Trudeau’s resignation)
Economy & Taxation
Planning a modest but symbolic tax cut, reducing the lowest federal income tax bracket from 15% to 14%. This targets middle- and lower-income Canadians.
The Liberals are positioning themselves as a “steady hand” in post-pandemic fiscal policy — avoiding radical shifts while still offering relief.
Carney, a former Bank of Canada and Bank of England governor, brings a market-trusted economic approach, blending fiscal discipline with social investment.
Housing
Proposing to remove the GST on new homes under $1 million for first-time homebuyers, a targeted move to encourage homeownership among younger Canadians.
The Liberals want to boost housing supply through partnerships with municipalities, but with conditions: cities must show they are cutting red tape and allowing densification.
There’s a focus on sustainable housing, with green building incentives and upgrades tied to federal funding.
Energy & Environment
Mark Carney is shifting away from the Trudeau-era carbon tax — softening its impact or replacing it with a more “market-based” model that prioritizes business investment in clean tech.
Emphasizing a dual-path strategy: continuing investment in clean energy (wind, solar, hydrogen, battery storage) while also expanding low-emission fossil fuel production, like LNG.
The platform mentions energy independence, reducing Canada’s reliance on foreign oil and natural gas.
Cultural & Youth Programs
The “Canada Strong Pass” is a new initiative allowing all youth under 18 free access to national museums and galleries, and free rail travel with parents in the summer months.
This is part of a broader “youth engagement” platform that also includes grants for cultural events, sports programs, and mental health initiatives for teens.
Public Institutions & Media
Proposing increased and permanent funding for CBC/Radio-Canada, protecting the broadcaster from political interference by enshrining funding levels in law.
Emphasizing the importance of national storytelling and independent media in fighting misinformation and political polarization.
Foreign Policy & Trade
With tensions rising over trade exclusion from the U.S., Carney’s Liberals are pledging to renegotiate trade and defense agreements — seeking more balanced access and security guarantees.
They also support multilateral diplomacy and propose a renewed push for Canadian leadership in global climate and finance forums.
Conservative Party of Canada
Leader: Pierre Poilievre
Economy & Taxation
Advocating the deepest tax cut among the major parties: lowering the lowest income tax bracket from 15% to 12.75%.
Promise to balance the federal budget within the next five years, mainly through reduced spending, rather than new revenue sources.
Want to introduce incentives for investment and savings, including tax credits for small business investments, and expanded RRSP/TFSA contribution limits.
Housing
Plan to eliminate GST on all new home purchases under $1.3 million, not limited to first-time buyers — a more universal tax break than the Liberals’.
Promise to tie federal funding to municipal reforms, including ending exclusionary zoning and cutting development fees and permitting timelines.
Support a “build big, build fast” housing strategy, pressuring cities to approve large-scale developments.
Energy & Environment
Intend to fully scrap the federal carbon tax, claiming it burdens consumers and businesses without significant emissions reductions.
Propose to fast-track resource projects by repealing existing environmental regulations and removing “gatekeeping” laws (referring to the Impact Assessment Act and the oil tanker ban).
The Conservatives argue for a resource-led recovery, emphasizing oil, gas, and mining as key to Canada’s economy.
Immigration & Federalism
Want to give Quebec greater control over temporary immigration, especially through the International Mobility Program.
Push for overall reforms to the immigration system: stricter controls on temporary workers, caps on international students, and better integration support.
Media & Culture
Plan to defund CBC’s English-language operations, while keeping French-language Radio-Canada.
Justify the move by arguing CBC competes unfairly with private media and no longer serves a unique public role.
New Democratic Party (NDP)
Leader: Jagmeet Singh
Housing
Propose a massive public housing expansion by building over 100,000 rent-controlled homes using federal Crown land.
In addition, they want to retrofit 3.3 million existing homes for energy efficiency — lowering emissions and household bills.
Push for stronger rent control protections, an end to “renovictions,” and new tenant support programs.
Healthcare
Vow to eliminate creeping privatization in healthcare. Plan to:
Ban U.S.-based companies from buying into Canada’s healthcare sector.
Block private clinics that charge patients for basic services.
Accelerate implementation of universal pharmacare and dental care, covering prescriptions and essential dental work for all Canadians — starting with children and low-income individuals.
Climate & Energy
Invest heavily in renewable energy infrastructure, particularly community-owned solar, wind, and geothermal.
Back the creation of a Climate Accountability Office to oversee emission targets and government performance, with the power to report failures.
Oppose any rollback of the carbon pricing system; instead, they want to tighten industry regulations and end fossil fuel subsidies.
Industrial & Labour Policy
Eliminate GST on Canadian-made vehicles, especially electric vehicles, to support domestic auto jobs.
Require federal government agencies to buy only Canadian-made vehicles for their fleets.
Social Justice
Strong commitments to Indigenous reconciliation, including immediate implementation of all TRC Calls to Action, clean water infrastructure on reserves, and land restitution programs.
Bloc Québécois
Leader: Yves-François Blanchet
Core Vision
The Bloc’s 2025 platform focuses on asserting Quebec’s right to self-determination and increasing its autonomy within (or outside) Canada.
They push for Quebec to:
Control its own immigration policies
Manage culture and media without federal interference
Opt out of federal programs with full compensation
Trade & Economy
Want to reduce Quebec’s reliance on trade with the U.S. by expanding international ties with France, francophone Africa, and the EU.
Strong advocates of green energy, especially Quebec’s hydroelectric sector, which they view as a national asset.
People’s Party of Canada (PPC)
Leader: Maxime Bernier
Fiscal Policy
Promises a radical restructuring of government finances: cut federal departments, eliminate corporate subsidies, and reduce foreign aid by 75%.
Propose a flat tax system to simplify the tax code and eliminate what they call “class warfare” tax brackets.
Immigration
Drastically lower immigration levels, especially from non-European countries.
Introduce cultural compatibility screening, more restrictive asylum policies, and caps on refugees.
Health & Autonomy
Oppose all federal health mandates — including vaccine mandates, masking, and federal involvement in provincial health services.
Promote privatization and choice in the healthcare system.
Energy & Environment
Fully reject the concept of man-made climate change.
Prioritize pipeline development, oil sands expansion, and ending carbon taxes or caps altogether.