Conservative Leader Pierre Poilievre has unveiled a pledge to slash bureaucratic red tape by 25 per cent within two years if his party forms the next federal government. Speaking from Osoyoos, B.C., Poilievre introduced a proposed “two-for-one” rule that would require the repeal of two existing regulations for every new one introduced.
As part of his plan to ease regulatory burdens, Poilievre also announced a financial constraint: for every new dollar added in administrative costs, two dollars must be eliminated elsewhere. This, he says, will reduce pressure on businesses and streamline operations across sectors.
To ensure accountability, Poilievre promised that the federal auditor general would be mandated to audit and confirm these regulatory reductions under a Conservative government.
According to a statement from the Conservative Party, businesses in Canada are facing a growing regulatory load, which has ballooned under a decade of Liberal leadership, now costing approximately $51 billion annually. The party argues that excessive red tape has hindered progress on critical infrastructure and deterred major investment.
