With the Liberals now holding a majority in Parliament, Conservative Leader Pierre Poilievre says Prime Minister Mark Carney can no longer blame political gridlock for Canada’s economic struggles.
Speaking before a business audience at the Canadian Club in Toronto, Poilievre delivered one of his sharpest attacks yet on the government’s economic record, accusing Carney of failing to turn promises into results. The speech signalled a renewed Conservative strategy: frame the Liberal majority not as stability, but as full ownership of every future outcome.
Poilievre argued that after a year under Carney’s leadership, Canadians are facing a country that is more expensive, less competitive and increasingly difficult for families and entrepreneurs to navigate. He said soaring costs, heavy regulation and uncertainty are hurting business confidence and weakening economic growth.
The Conservative leader also challenged Carney’s reputation as an economist, criticizing decisions and predictions tied to his years in global financial leadership. By doing so, Poilievre sought to turn one of Carney’s strongest credentials — economic expertise — into a political vulnerability.
A major focus of the speech was Canada’s stalled development agenda. Poilievre said the government was granted legislative tools to fast-track nation-building projects, yet major pipelines, ports and other transformative infrastructure have not materialized at the speed many expected. For energy-producing provinces such as Alberta, that message is likely to resonate strongly.
He also cited fresh business data showing growing hesitation among entrepreneurs and concerns over capital leaving the country. The message to the business community was clear: Canada needs to become a place where investment is welcomed, not delayed.
For everyday Canadians, the debate is more than partisan theatre. It connects directly to affordability, job creation, wages, housing supply and whether the next generation will see stronger opportunities at home.
Despite the Liberal majority, Poilievre signalled the Conservatives intend to remain aggressive in holding the government to account. He said the opposition will judge Carney not by speeches or credentials, but by whether life becomes more affordable and the economy more productive.
The political landscape has now shifted. With a majority comes power — but also full responsibility. And as Parliament enters its next chapter, Canadians will be watching not just who speaks the loudest, but who delivers the most.